Author Archives: LM Staff
Meralco unit, Megaworld rolling out electric buses
MANILA, Philippines — The sustainable mobility arm of Pangilinan-led Manila Electric Co. (Meralco) has teamed...
PetroEnergy’s Q3 profit plunges on lower oil revenue
PetroEnergy Resources Corp. (PERC) reported a 16.6-percent drop in net income in the first nine...
Alternergy unit to take over 80-MW Cebu wind project
ALTERNERGY Holdings Corp., through its wind subsidiary, is acquiring a majority stake in the developer...
SMC power unit triples profit to P42 B after $3.3 billion LNG deal
MANILA, Philippines — The power business of conglomerate San Miguel Corp. more than tripled its...
Consumers avoided P40 billion in power costs due to renewable energy plants
Power consumers saved an aggregate net P40 billion in electricity costs between 2014 and 2020...
DOE unveils 325-MW RE surge for Agusan del Norte
The Department of Energy (DOE) reported more than 300 megawatts (MW) of renewable energy (RE)...
Ayala axing gas project amid offtake woes
MANILA, Philippines — The Ayala Group is scrapping its planned 1,100-megawatt combined-cycle gas turbine project...
Vivant posts strong results in January-September
Vivant Corp. delivered a strong performance from January to September this year, ending the period...
FP Island, Agrabah forge farming pact
Lopez-led microgrid operator FP Island Energy Corp. (FP Island) signed a memorandum of understanding (MOU)...
Triconti wins 2 wind projects in RE auction
Triconti Windkraft Group (TWG), a Filipino-Swiss joint venture, has secured two wind energy projects with...