Aboitiz Power Corp. (AboitizPower) announced that its net income grew marginally in 2024 despite the performance of its unit GNPower Dinginin Ltd. Co. (GNPD). In a disclosure to the Philippine Stock Exchange on Friday, March 7, AboitizPower noted a two percent increase in its net income from...
Ayala-led ACEN Renewables International Pte. Ltd. (ACRI) and its joint venture with Singapore’s solar platform ib vogt Pte. Ltd. announced that their investments in Malaysian solar photovoltaic (PV) projects are nearing completion. In a disclosure to the Philippine Stock Exchange on...
Wyn Power Corp. announced that its 50-megawatt peak (MWp) solar power plant in Batangas is set to begin construction works. In a statement on Wednesday, March 5, Wyn Power said it broke ground on its ₱1.5-billion solar photovoltaic (PV) project in Brgy. Bukal, Taysan, Batangas, which spans across...
ILOILO CITY – The Philippine Science High School-Western Visayas Campus (PSHS-WVC) in this city is set to become the seedling nursery of MORE Electric and Power Corp. (MORE Power). STUDENTS and faculty of Philippine Science High School-Western Visayas Campus (PSHS-WVC) with executives of MORE...
The Manila Electric Company (Meralco) announced that several areas in Metro Manila, Calabarzon, and Bulacan will experience power interruptions from March 5 to 10 due to scheduled maintenance activities. On March 5 and 6, Barangay Punturin in Valenzuela and several areas in Batangas City will be...
Fresh graduates-turned-team members, including those from engineering courses, cite management and culture as among the top reasons why it is good to work for AboitizPower. Aboitiz Power Corporation (AboitizPower) has been named Prosple’s “Top Employer for Fresh Graduates in the Energy...
The National Power Corporation (NPC) has sought approval from the Energy Regulatory Commission (ERC) to recover costs through incremental currency exchange rate adjustment (ICERA). A notice posted by the ERC showed that NPC has requested approval for the recovery of approximately ₱21 million,...
The Department of Energy (DOE) has projected higher energy demand in Luzon during the summer. Following the recent heat index levels, the DOE reported a peak demand projection of 14,769 megawatts (MW) in Luzon, while Visayas could reach 3,111 MW, and Mindanao, 2,789 MW. “The maximum adjusted...
Consunji-led Semirara Mining and Power Corporation (SMPC) reported a drop in its net income in 2024 due to weaker selling prices. In a disclosure to the Philippine Stock Exchange on Monday, March 3, SMPC said its net income decreased by 30 percent to ₱19.6 billion last year from ₱27.9 billion...
The much-anticipated fresh round of extensive feasibility study for the targeted revival of the 620-megawatt Bataan Nuclear Power Plant (BNPP) will be facing delays due to “compliance concerns” that the governments of the Philippines and South Korea have yet to accomplish. In an exclusive...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) reported that the emergency power supply agreement (EPSA), which secures backup electricity for potential supply interruptions, is set to conclude in 2026. In a briefing, Jose Ronald Valles, Meralco senior vice president and head of...
As the nation commemorates the 39th anniversary of the People Power Revolution on Tuesday, Feb. 25, teachers' groups urged President Marcos to restore EDSA Day as a special non-working holiday and reiterated their opposition to historical distortion and disinformation. The EDSA People Power...
