FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
Misery loves company - and Mindanao seems not passing up on a chance to commiserate with the electricity service woes of co-consumers in Luzon and Visayas, hence, it has been joining in the appalling power industry chaos. On Wednesday (April 24), system operator National Grid Corporation of the...
Qualified big-ticket contestable customers in Mindanao can finally exercise ‘power of choice’ on contracting their electricity services as the Energy Regulatory Commission (ERC) has already opened that segment of the industry for retail competition. Similar to the threshold for Luzon and...
A top management role has pulled in for scion Antonio Miguel B. Alcantara who has been designated Chief Executive Officer (CEO) at Alsons Power of the Alcantara group, following the retirement of Tirso G. Santillan, who is the departing company CEO and Executive Vice President. As announced to the...
With sustained uptick in its energy sales, the net income of Alsons Consolidated Resources Inc. (ACR) had climbed to P1.8 billion within January to September this 2023, posting 32-percent escalation from a relatively moderate pace of P1.35 billion earnings last year. Given such uptrend in its...
Transmission firm National Grid Corporation of the Philippines (NGCP) has energized 100-megavolt ampere (MVA) Toril power transformer in Mindanao, a component of the P10.56 billion substation upgrading project-phase 2 being pursued in the southernmost power grid. According to the company, the Toril...
