October 29, 2020

SMC sets sights on hydropower

By Lenie Lectura – October 28, 2020 from Business Mirror Conglomerate San Miguel Corp. (SMC) unveiled plans to develop some 5,000 megawatts (MW) of hydropower projects to support its clean energy portfolio. SMC President Ramon Ang said the company’s power […]
October 29, 2020

Semirara’s nine-month income declined 64% to P3 billion

By Alena Mae S. Flores – October 28, 2020 at 05:54 pm from manilastandard.net Semirara Mining and Power Corp. said Wednesday consolidated net income after tax declined 64 percent in the first nine months to P3 billion from P8.2 billion […]
October 28, 2020

DOE to stop endorsing new coal power plant projects

By Lenie Lectura – October 28, 2020 from Business Mirror File photo: Residents of Barangay Bani take to the shore near the Masinloc coal-plant jetty to collect shellfish. THE Department of Energy (DOE) will no longer endorse new coal power […]
October 28, 2020

PSALM issues final demand payment for P671 M to 2 errant firms — DOF

By Chino S. Leyco – October 28, 2020, 6:00 AM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) has sent out final letters of demand for payment to two companies with long overdue obligations with the government, […]