BACOLOD CITY – More than 250,000 Negros Electric and Power Corp. customers (NEPC) were affected by a total blackout in Negros Occidental triggered by typhoon “Tino.” An advisory from the power firm said the unscheduled power interruption was reported at 10:41 a.m. on Tuesday, Nov. 4, after...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...
The city government of Parañaque announced that the Manila Electric Company (Meralco) will implement a power outage in several areas in the city due to the relocation of facilities for the Cavitex C5 southlink project. Several areas in the city will experience power service interruption from 11:00...
Singapore/Belém, Brazil – Global energy stakeholders have been in overdrive in recent days. From the charged discussions at last week’s Singapore International Energy Week (SIEW) to the opening of COP30 in Belém, Brazil, this week, they all echo one fundamental message: the race to...
BACOLOD CITY – AdventEnergy, the retail electricity supply arm of Aboitiz Power Corp., will provide L’ Fisher Hotel with 673 kilowatts of reliable energy supply and energy performance assessment services designed to optimize its operations. This is AdventEnergy’s first entry into the Western...
There may be no radiation leaks seeping into the country’s power system yet, but it seems the policymaking core of the Department of Energy (DOE) is already 'overheating ' and treading halfway into a meltdown. The DOE’s newly issued Circular (No. 2025-10-0019) reads like an incentive...
Aboitiz Power Corporation (AboitizPower) received its fourth Golden Arrow Award in a row, improving to a 4-arrow recognition after scoring 105.52 out of 130 in the 2024 ASEAN Corporate Governance Scorecard (ACGS). The assessment measures a publicly-listed company’s performance with respect to the...
Diversified engineering conglomerate DMCI Holdings, Inc. has declared a special cash dividend of ₱0.48 per share, amounting to ₱6.4 billion, following a hefty ₱5.33 billion cash dividend declaration by subsidiary Semirara Mining and Power Corp. In a disclosure to the Philippine Stock...
In love, they call it the seven-year itch, but the Philippine coal moratorium barely made it to a five-year streak before jumping back into the arms of its toxic ex: King Coal! Missing the ‘dirty play’ that much, huh? It looks like we can’t quit this coal addiction, even as the planet begs...
Saavedra-led infrastructure and engineering firm Megawide Construction Corp. has completed its acquisition of 9.88 percent of affiliate Citicore Renewable Energy Corp. (CREC), effectively gaining a new revenue source from solar power. In a disclosure to the Philippine Stock Exchange, Megawide said...
With back-to-back earthquakes shaking the country in the past 10 days, who in their right mind would now gamble their backyards and communities on hosting nuclear power facilities? This is the ironic cherry on top: the President just signed a nuclear safety regulation law that breezed through the...
Transmission services across the Visayas Grid are under normal operations after NGCP completed its key restoration efforts following the magnitude-6.9 earthquake in Cebu province. As of 9:38 a.m. Oct. 3, Friday, NGCP successfully energized the Daanbantayan-Tabango 230kV Line 2, the submarine cable...
