Aboitiz Power Corp. (AboitizPower), together with its retail electricity customer, Philex Mining Corp., provided much-needed vitamins and over-the-counter medicines for the people of Barangay Ansagan in Tuba, Benguet. AboitizPower recently donated medicines to Barangay Ansagan in Tuba,...
(Unsplash) Sta. Rosa City lone district Rep. Dan Fernandez is prodding the Energy Regulatory Commission (ERC) to withhold action on power supply agreements (PSA) between the Manila Electric Co. (Meralco) and two generating firms pending final...
The coal moratorium enforced in 2020 which sculpted the entry of more renewable energy (RE) investments remains as a non-negotiable policy stance to former Energy Secretary Alfonso G. Cusi if he will have his way, because that had drawn the line in the sand for the country’s greener future. In a...
As coal prices in the world market cooled, the net income of Semirara Mining and Power Corporation (SMPC) dropped 28% to P6.5 billion within first quarter this 2024 from a relatively robust P9.0 billion earnings in the same three-month period last year. “Global coal indices declined due to weak...
ILOILO CITY – Electric distributor MORE Electric and Power Corp. (MORE Power) and major property developer SM Prime Holdings Inc. (SM Prime) have inked an agreement for stable power supply in this city. The signing of the Interruptible Load Program (ILP) last week was in response to the warning...
With its power generation assets as income driver, this year’s first quarter earnings of Aboitiz Power Corporation jumped by 4.0% to P7.9 billion from year-ago level of P7.5 billion within comparative period in 2023. Without the non-recurring items, the company qualified that its profits would...
With the heat index continuing to rise in the Philippines, Filipinos have had no choice but to turn to electric fans and air conditioners to cool down. Beating the heat, however, comes with a heavy price. The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA)...
Nuclear and radiation technologies offer distinct features and benefits that can effectively diminish the overall amount of plastic and polymer waste in the current technological gaps on a global scale, according to the Department of Science and Technology-Philippine Nuclear Research Institute...
CHORDS No generation technology can stand on its own. It will always be part of a larger system composed of other technologies — be it with fellow power producing or energy storage units and even ones beyond it like in transmission, distribution, and behind-the-meter systems...
Young tycoon Leandro Legarda Leviste has acquired the equivalent of 8.5 percent of ABS-CBN Corporation, continuing his buying binge after selling a portion of his stake in SP New Energy Corporation to Meralco PowerGen Corporation. ABS-CBN’s share price has surged over the past week and...
President Marcos said that the Energy Regulatory Commission (ERC) has temporarily suspended the operation of the Wholesale Electricity Spot Market (WESM) under the declaration of red alert of the systems operator National Grid Corporation of the Philippines (NGCP) to tame the increase of...
In the seventh year of its Carbon Sink Management Program, AboitizPower’s Therma Visayas, along with Ramon Aboitiz Foundation and partner farmers across Cebu, inch closer to a target of one million trees with 770,000 already planted as of end-2023. Trees offer a multitude of benefits to our...
