November 7, 2023

Meralco’s core net income jumped 53% to P30b in first three quarters

By Alena Mae S. Flores – November 6, 2023, 9:25 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Monday it expects full-year consolidated core net income (CCNI) to reach P37 billion. The company said its CCNI jumped 53 […]
November 7, 2023

Aboitiz Power signs agreement with JBIC on clean energy

By Alena Mae S. Flores – November 6, 2023, 9:05 pm from manilastandard.net Aboitiz Power Corp. signed a memorandum of understanding (MOU) with Japan Bank for International Cooperation (JBIC) to help strengthen its emissions reduction efforts, introduce cutting-edge transition technologies […]
November 7, 2023

ACEN extends $25-million support to telecom tower builder

By Alena Mae S. Flores – November 6, 2023, 9:00 pm from manilastandard.net ACEN Corp. through subsidiary ACEN Renewables International Pte. Ltd. (ACRI) made available a $25-million (P1.4 billion) facility to Yoma Strategic Investments Ltd. (YSIL) to fund the micro […]
November 6, 2023

DOE expects 2 new geothermal plants to start operations soon

By Alena Mae S. Flores – November 5, 2023, 7:15 pm from manilastandard.net The Department of Energy (DOE) expects two geothermal power projects to be completed by the end of the year. It identified the projects as the 17-megawatt Tiwi […]