Energy firm Semirara Mining and Power Corporation (SMPC) announced a new record for coal shipments in 2024, driven by stronger demand from China and domestic markets. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Jan.14, SMPC reported reaching 16.5 million metric tons (MT) of...
Manila Electric Company (Meralco) customers can breathe a sigh of relief as the power retailer forecasted lower electricity rates for January, citing improved supply conditions and lower generation costs. Joe Zaldarriaga, Meralco’s Vice President and Head of Corporate Communications, said on...
The Manila Electric Company (Meralco) has announced scheduled power maintenance in several cities, municipalities, and provinces across Luzon. Starting Wednesday, January 8, Balara, Quezon City, and Mendez-Nuñez, Indang, Cavite, will experience the first round of maintenance. This is due to pole...
ILOILO CITY – To avoid a repeat of the massive blackouts that affected Iloilo and Panay Island last year, MORE Electric and Power Corp. (MORE Power) urged the National Grid Corp. of the Philippines (NGCP) to complete its substation in this city. A LINEMAN of MORE Power...
The Consunji Group’s DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC). In an interview, DMCI Chief Finance Officer Herbert...
TACLOBAN CITY - The province of Leyte was hit by an unscheduled 11-hour power interruption on New Year's Eve. The outage affected the whole coverage area of the Leyte Electric Cooperative II. It affected Tacloban City, Babatngon, and Palo beginning around 10 p.m. on New Year’s Eve. The...
Advent Energy, Inc., an energy solutions provider and subsidiary of Aboitiz Power Corporation, aims to capture a 30 percent market share in the Mindanao region. James Yu, Aboitiz Power first vice president and head of retail, explained that despite hurdles such as educating the market and upgrading...
The La Trinidad Indigenous Peoples Organization (LTIPO) signs the Free and Prior Informed Consent Memorandum of Agreement (FPIC MOA) with Hedcor. The La Trinidad Indigenous Peoples Organization (LTIPO) expressed their continued support for Hedcor’s 4.5-MW Bineng 3 Hydroelectric Power...
While most investors around the world are scrambling to ditch coal plants like bad habits, a defiant European billionaire is still pushing all his chips in for this technology - scooping up these assets in a brazen move to cement coal’s place in the energy mix for many more decades to come. Czech...
The Philippines, a jewel box of stunning islands and vibrant culture, draws millions of tourists each year to its pristine shores. Boracay, with its powdery white sands and turquoise waters, welcomed over two million visitors in 2023. Siargao Island, a surfer's paradise renowned for its world-class...
SN Aboitiz Power Group (SNAP) has signed an engineering, procurement, and construction (EPC) contract with GEDI China Energy to expand the battery energy storage system (BESS) facility at the Magat hydroelectric power plant. SNAP, a joint venture between Norway-based Scatec and Aboitiz Power, will...
Advent Energy, Inc., a subsidiary of Aboitiz Power Corporation, announced plans to deliver more renewable energy (RE) projects by 2025, with a focus on solar power. In a briefing, James Yu, Aboitiz Power vice president and head of retail, said the company plans to increase capacity through...
