MANILA, Philippines — Ayala-led ACEN Corp. has obtained a leadership level and an A-rating from environmental non-profit disclosure system CDP for its commitment to climate action and transparency.
Alternergy Holdings Corp. said Monday it posted a net income of P88.6 million in a six-month period ending Dec. 31, 2024. This was 26.89 percent lower than P121.2 million it earned in in the same period in 2023.
ALSONS Consolidated Resources, Inc. (ACR), the listed investment holding company of the Alcantara Group, has secured P1.6 billion from the issuance of commercial papers.
THE GOVERNMENT is exploring the possibility of building the Agus III hydroelectric power plant to go with the rehabilitation for the Agus-Pulangi Hydropower Complex (AHPC).
The Department of Energy is studying options for the 232-megawatt Mindanao coal-fired power plant in Villanueva, Misamis Oriental, as the planned rehabilitation of the Agus-Pulangi hydroelectric complex in Mindanao gets underway.
The Department of Energy (DOE) expects the corporate life extension of the Power Sector Assets and Liabilities Management Corp. (PSALM) to facilitate the rehabilitation of the Agus-Pulangi plants in Mindanao.
THE Department of Energy (DoE) said it is hoping to finalize a loan from the Asian Development Bank (ADB) this year to launch a project that seeks to de-risk geothermal power investments.
The Manila Electric Co. (Meralco) filed before the Energy Regulatory Commission (ERC) its proposed annual revenue requirement (ARR) for the 5th regulatory period (5RP) amounting to over P393 billion, equivalent to an average of price of P1.688 per kilowatt hour (kWh).
EAST ZONE concessionaire Manila Water Co., Inc. has entered the contestable market, allowing it to select its own power supplier for 10 of its facilities under the expanded retail aggregation program (RAP), according to the Energy Regulatory Commission (ERC).
MANILA, Philippines — Sy-led China Banking Corp. is accelerating its shift to clean energy as two of its facilities are now powered by renewable energy, contributing to the reduction of carbon emissions in the country.