Category Archives: News
Manila Water prexy, ex-DOE usec to lead Prime Infra’s gas business
A FORMER undersecretary of the Department of Energy (DOE) and current Manila Water Company Inc....
EcoSolar granted environmental clearance for 20-MW Capiz battery storage project
ECOSOLAR Energy Corp., a Yuchengco group company, was granted an environmental compliance certificate (ECC) for...
Citicore Q3 income climbs 18% on higher electricity sales
LISTED Citicore Renewable Energy Corp. (CREC) saw its third-quarter (Q3) attributable net income rise by...
FGen, Prime Infra close gas business acquisition
Five months after announcing the majority stake sale, Lopez-led First Gen Corp. (FGen) and Razon-led...
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)...