Aboitiz Power Corporation subsidiary Therma South, Inc. (TSI) recently released 84 olive ridley sea turtle or pawikan hatchlings following the nesting of 120 eggs along the power plant's coastline in Davao del Sur last March. In total, TSI and the Environmental Management Bureau, along with...
Meralco PowerGen Corporation, the power investment arm of Manila Electric Company, is eyeing to secure approval from the Philippine Competition Commission (PCC) on the triarchy deal that it sealed for the $3.3 billion integrated liquefied natural gas (LNG) project in Batangas province. MGen...
SABLAN, Benguet – Hedcor, a renewable energy subsidiary of Aboitiz Power Corp., donated equipment and seedlings worth a total of P620,000 to this town called the fruit basket of this province. THE town of Sablan in Benguet received farm inputs from Hedcor representatives Geraldine Ronquillo...
SANTO TOMAS CITY, Batangas – AP Renewables Inc. (APRI), an Aboitiz Power Corp. subsidiary, recently sponsored a basic sewing skills and entrepreneurship training program in Barangay Santa Elena here. GRADUATES of the training with their teachers and representatives from the Aboitiz Group....
Power utility giant Manila Electric Company (Meralco) is extending its investment interest to other nuclear technologies like small modular reactors (SMR) and conventional nuclear fleets – and that could include the planned repowering of the idled Bataan Nuclear Power Plant (BNPP) if the...
Having posted record sales of roughly 9.0% in the first half and with cash stream from additional generated capacities, power utility giant Manila Electric Company (Meralco) has scaled up its profit goal to P43 billion for the entire year from its initial target of P40 billion. Meralco Chairman...
The bargaining chip dangled by the Department of Energy (DOE) on the proposed corporate life extension for state-run Power Sector Assets and Liabilities Management Corporation (PSALM) is to prevent transfer of P300 billion worth of its residual debts to the national government coffers. “At this...
Senator Sherwin Gatchalian expressed his belief that any amendment to be made to the Electric Power Industry Reform Act (EPIRA) should result in lower electricity rates. In a statement on Saturday, July 27, Gatchalian reiterated that the sought amendments were for the benefit of consumers who...
State-run firms Philippine National Oil Company (PNOC) and the National Power Corporation (NPC) have inked a memorandum of understanding (MOU) that will cement their collaboration on setting up a pilot project for the rollout of hybrid systems leaning on solar and wind farms in energizing off-grid...
In the bid of President Marcos for secure and reliable power supply in the country as he declared in his State of the Nation Address (SONA), leading player Aboitiz Power Corporation forthrightly stated that it will opt for a mix of conventional generating assets, renewable energy (RE) and the...
President Marcos has called on Congress to work with the Executive branch in reviewing the Electric Power Industry Reform Act (EPIRA). President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In his third State of the Nation Address (SONA) on Monday, July 22, Marcos made the call to determine if...
Aboitiz Power Corporation reported a four percent dip in net income to P17.1 billion in the first half of 2024 from the P17.8 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in profit is due to the recognition of...
