April 17, 2024

PetroEnergy’s net profit rises 9% to P944m amid stable operations

By Manila Standard Business – April 16, 2024, 8:35 pm The Yuchengco Group’s listed energy arm PetroEnergy Resources Corp. (PERC) said Tuesday it posted a 9-percent increase in its consolidated net income in 2023 to P944 million from P863 million […]
April 17, 2024

Floating battery storage in Davao now operational

By Alena Mae S. Flores – April 16, 2024, 8:30 pm from manilastandard.net Aboitiz Power Corp., through its subsidiary Therma Marine Inc. (TMI), recently held the ceremonial switch-on of Southeast Asia’s first 49-megawatt (MW) hybrid battery energy storage system (BESS) […]
April 17, 2024

Wärtsilä pushes flexible power

By Manila Standard Business – April 16, 2024, 7:45 pm Technology group Wärtsilä Energy is calling for urgent action to enable more flexibility in power systems in the Philippines. The government earlier published the National Renewable Energy Program (NREP) 2020–2040, […]
April 17, 2024

Luzon grid faces power outages as 19 plants shut off

By Manila Standard Business – April 16, 2024, 10:37 am The National Grid Corporation of the Philippines (NGCP) announced a red alert status for the Luzon grid Tuesday, warning of possible power outages between 2 p.m. and 4 p.m. and […]