August 8, 2024

IPHI to build battery project in Rizal

By Lenie Lectura – August 8, 2024 from Business Mirror Ingrid Power Holdings Inc., (IPHI) a joint venture between ACEN Corp. and Marubeni Asian Power Corp., has proposed the construction of a 150-megawatt (MW) battery energy storage system (BESS) in […]
August 8, 2024

Visayan Electric seeks ERC approval for P4.27-b capex

By Alena Mae S. Flores – August 7, 2024, 7:30 pm from manilastandard.net Visayan Electric Co. (VECO) is seeking approval from the Energy Regulatory Commission (ERC) for its capital expenditure (capex) program amounting to P4.273 billion. Bulk of the capex […]
August 8, 2024

Citicore posts 9% net income hike to P910 million

BY MYRNA M. VELASCO – Aug 7, 2024 05:24 PM from Manila Bulletin AT A GLANCE There had been three-tiered drivers to Citicore’s profitability: and these were primarily from sale of electricity as the major contributor; then earnings arising from […]
August 7, 2024

ACEN retail arm helps RCBC Plaza switch to 100% renewable energy

By Alena Mae S. Flores – August 6, 2024, 8:40 pm from manilastandard.net ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of the ACEN Corp., is helping RCBC Plaza in Makati City switch to 100-percent renewable energy. ACEN […]