Power News

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 […]
March 21, 2025

ERC looks into SMGP’s ₱5-billion rate collection

By Gabriell Christel Galang – Mar 20, 2025 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson […]
March 21, 2025

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

By Alena Mae S. Flores – March 20, 2025, 7:35 pm from manilastandard.net Alsons deputy chief financial officer Philip Edward Sagun Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net […]
March 20, 2025

12 energy projects cleared for system impact study

By Gabriell Christel Galang – Mar 20, 2025 08:32 AM The Department of Energy (DOE) has issued system impact studies (SIS) to 12 energy projects in February. The DOE is set to endorse these projects to the National Grid Corporation […]
March 20, 2025

Meralco retail arm inks deal with Mega Land, renews contract with Megasoft

By Malaya Business Insight – March 20, 2025 MPower, the retail electricity arm of Manila Electric Co. (Meralco), said it has entered into a new supply contract with Mega Land Prime Estate Corp. to energize its MegaOne Building in Quezon […]