August 9, 2024

Meralco bill to fall on lower spot prices in August–exec

By Lenie Lectura – August 9, 2024 from Business Mirror The Manila Electric Co. (Meralco) said generation charge may go down this month due to lower spot market prices, a company official said Thursday. “We are anticipating a reduction in […]
August 9, 2024

New plants boost ACEN profit in H1

By Lenie Lectura – August 9, 2024 from Business Mirror ACEN Corp. announced on Thursday that its net income jumped by 49 percent year-on-year to P6.3 billion in the first half due to the 42-percent increase in its attributable renewable […]
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 […]