Yuchengo-led PetroEnergy Resources Corporation (PERC) announced an increase in its net income, fueled by increased electricity sales from its renewable energy (RE) ventures. In a disclosure to the Philippine Stock Exchange on Monday, April 21, PERC reported an 89.22 percent surge in its 2024...
Yuchengco-led PetroGreen Energy Corporation's (PGEC) Limbauan Solar Power Project (LSPP) in Isabela province has received transmission connection approval from the National Grid Corporation of the Philippines (NGCP). In a statement on Monday, Feb. 10, PGEC said LSPP's phase two received the green...
Yuchengco-led Petro Energy Resources Corp. (PERC) announced that its San Jose Solar Power Plant in Nueva Ecija has begun exporting renewable energy to the Luzon grid, its second utility-scale solar facility to come online. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 23, PERC...
A month after connecting to Bohol's power grid, the Yuchengco-led PetroEnergy Resources Corp. announced that its Dagohoy Solar Project has been switched on and is expected to begin contributing to the grid. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 21, PetroEnergy said that...
Yuchengco-led Petro Energy Resources Corporation (PERC) reported lower net income growth despite higher electricity sales during the first nine months of 2024. In a disclosure to the Philippine Stock Exchange on Friday, Nov. 15, PetroEnergy said that its consolidated net income fell 23 percent to...
On account of higher finance charges that it incurred due to direct equity acquisitions, the net income of Yuchengco-led of PetroEnergy Resources Corporation (PERC) had declined 11% to P527 million in the first half of the year from heftier P591 million in the same period last year. The company...
Mapúa Malayan Colleges Mindanao (Mapúa MCM) and renewable energy developer PetroGreen Energy Corporation (PGEC), both members of the Yuchengco Group, have switched on their 360 kilowatt peak (KWp) solar rooftop power project in Davao City. In a disclosure to the Philippine Stock Exchange...
The annual stockholders meeting of PetroEnergy Resources Corporation (PERC) will be conducted virtually by the presiding officer at Conference Room 1, 47th Floor, Yuchengco Tower, RCBC Plaza Building, 6819 Cor. Sen. Gil J. Puyat and Ayala Avenues, Makati City. Through this link,...
PetroEnergy Resources Corporation (PERC) scheduled its annual stockholders meeting on July 18, 2024 via remote communications. The said meeting will be held at Conference Room 1, 47th Floor, Yuchengco Tower, RCBC Plaza Building, 6819 Cor. Sen. Gil J. Puyat and Ayala Avenues, Makati City. To...
Equity acquisition in existing renewable energy (RE) projects had driven up the net income of Yuchengco-led PetroEnergy Resources Corporation (PERC) by 9.0% last year to P944 million from P863 million in 2022. The corresponding portfolio boost, according to the company, likewise shored up its...
PetroGreen Energy Corp. (PGEC), the energy arm of Yuchengco-led PetroEnergy Resources Corp. (PERC), completed the site development works for its 27-megawatt direct current (MWdc) Dagohoy Solar Power Project in Dagohoy, Bohol. The project is currently the first large utility-scale solar power...
The 13.2-megawatt (MW) Nabas-2 Wind Power Project of PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI). PWEI is a joint business between Yuchengco's PetroEnergy Resources Corporation (20 percent), PetroGreen Energy Corporation (PGEC) (40 percent), and...
