Power News

March 26, 2025

NGCP: Over 10,000-MW grid capacity available

By Brix Lelis – March 26, 2025 | 12:00am from The Philippine Star The facade entrance of National Grid Corporation of the Philippines (NGCP) along Quezon Avenue corner BIR Road, Diliman, Quezon City taken on Novenmber 10, 2023. PNA photo by […]
March 26, 2025

SN Aboitiz Power starts construction of battery storage project in Benguet

By Sheldeen Joy Talavera – March 26, 2025 | 12:03 am from Business World (L-R) Scatec EVP-Asia Andy Ana, SNAP President and Chief Executive Officer Joseph Yu, Norwegian Ambassador to the Philippines Christian Lyster, Energy Assistant Secretary Mario Marasigan, and […]
March 26, 2025

Citicore Energy REIT announces Q4 dividend of P0.055 per share

By Manila Standard Business – March 25, 2025, 8:15 pm   Citicore Energy REIT Corp. (CREIT) said Tuesday it will pay a fourth-quarter dividend of P0.055 per share, up from P0.054 a year earlier. The dividend, payable on May 21 […]
March 25, 2025

ACEN hikes investment in unit

By Lorenz S. Marasigan – March 25, 2025 from Business Mirror ACEN Corp. has subscribed to additional shares in its wholly owned subsidiary, ACEN Technical Services Inc. (ACEN TSI), with a total investment of P75 million to support the group’s […]
March 25, 2025

PNOC eyes offshore wind port in Batangas

By Brix Lelis – March 25, 2025 | 12:00am from The Philippine Star PNOC has signed a memorandum of understanding with the provincial government of Batangas to explore the feasibility of an OSW integration port in the province. MANILA, Philippines […]
March 25, 2025

Power generation fuels Vivant’s 20% profit increase; revenues up 48% last year

By Gabriell Christel Galang – Mar 24, 2025 01:26 PM from Manila Bulletin Vivant Corp. announced that its net income in 2024 increased by 20 percent, driven by growth in power generation. In a disclosure to the Philippine Stock Exchange […]
March 24, 2025

US startup to build nuclear ‘micro’ reactor in PH

By Jordeene B. Lagare – 02:08 AM March 24, 2025 from inquirer.net / Philippine Daily Inquirer Valar Atomics Research Institute President Kip Mock, EōS CEO Aaron Green, MSU-IIT Chancellor Alizedney Ditucalan. Photo by Jordeene B. Lagare American startup Valar Atomics […]
March 24, 2025

Meralco moves nuke bid to 2030

By Maria Bernadette Romero – 24 Mar 2025, 00:21 from Daily Tribune ‘Having a nuclear power source by 2028 seems unlikely now, but the good news for SMR is that in Romania, it might be ready by the end of […]
March 22, 2025

First Gen’s recurring income softened to $245m in 2024

By Alena Mae S. Flores – March 21, 2025, 8:10 pm from manilastandard.net First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable recurring net income for 2024 to $245 million (P14 billion) from $277 […]
March 21, 2025

AboitizPower allots ₱78.1B for capex budget this year

By Lorenz S. Marasigan – March 21, 2025 from Business Mirror Aboitiz Power Corp. has allotted P78.1 billion in capital expenditure (capex) for 2025, majority of which will be used to expand its renewable energy (RE) portfolio, aligning with its […]