MANILA, Philippines — Pangilinan-led Manila Electric Co. (Meralco) expects its energy sales to heat up in the second quarter, fueled by midterm election activity and a positive economic outlook.

PETROENERGY RESOURCES CORP. (PERC) reported a nearly threefold increase in its attributable net income for 2024, rising to P471.82 million from P156.88 million in the previous year.

MANILA — Renewable energy (RE) pioneer Alternergy Holdings Corp. said on Monday it has received PHP3.3 billion from Rizal Commercial Banking Corp. (RCBC) to fund the Alabat Wind Project through its unit, Alabat Wind Power Corp.

We are pleased to inform you that on its 15th year, the law office of Lachica & Associates will henceforth be Lachica Madanlo or LM Law.

LOPEZ-LED First Gen Corp. is advancing towards its goal of expanding its portfolio to 13 gigawatts (GW) by 2030 as it is working to roll out renewable energy projects this year.

Vietnamese renewable energy developer CN Green Roof Asia (CNGRA) has started construction of a 22.785-megawatt-peak (MWp) solar power project in Hermosa, Bataan.

Two fossil fuel power plants in Cebu, operated by a subsidiary of Aboitiz Power Corp., have been disconnected from the power grid, the company announced on Wednesday.

Manila Electric Co. (Meralco) reported that it has upgraded a power transformer at Tayabas delivery point (DP) substation to address rising power demand in Quezon province and neighboring towns in Laguna.

Power retailer Manila Electric Co. (Meralco) reported a 1.5-percent increase in consolidated distribution utility energy sales volumes in the first quarter to 12,493 gigawatt-hours from 12,307 GWh a year ago, driven by higher residential sales.

Manila Electric Co. (Meralco) said the delay in the full delivery of the Batangas natural gas plant under its power supply agreement (PSA) with Energy Excellence Resources, Inc (EERI) has nothing to do with the high prices in the Wholesale Electricity Spot Market (WESM).