Power News
May 21, 2024
Published by admin at May 21, 2024
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By Alena Mae S. Flores – May 20, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan of subsidiary San Carlos Solar Energy Inc. (SACASOL). SACASOL is the owner and operator of […]
May 20, 2024
Published by admin at May 20, 2024
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By Alena Mae S. Flores – May 19, 2024, 8:25 pm from manilastandard.net Energy Secretary Raphael Lotilla The Department of Energy (DOE) plans to allow longer maintenance period for power plants to avoid breakdowns that could lead to outages. “We […]
May 20, 2024
Published by admin at May 20, 2024
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By Alena Mae S. Flores – May 19, 2024, 7:45 pm from manilastandard.net The Department of Energy (DOE) said over the weekend it endorsed to the transmission operator 19 power projects for system impact study in April 2024, composed mostly […]
May 18, 2024
Published by admin at May 18, 2024
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By Alena Mae S. Flores – May 17, 2024, 8:35 pm from manilastandard.net Aboitiz Power Corp. said Friday it completed the acquisition of an additional 15.6-percent equity stake in STEAG State Power Inc. (SPI) valued at $11 million, bringing its […]
May 18, 2024
Published by admin at May 18, 2024
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By Alena Mae S. Flores – May 17, 2024, 7:40 pm from manilastandard.net Alsons Consolidated Resources (ACR), a publicly listed company of the Alcantara Group, said Friday it posted a net income of P479 million in the first quarter of […]
May 18, 2024
Published by admin at May 18, 2024
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By Alena Mae S. Flores – May 16, 2024, 8:00 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines expects an average increase of more than P0.10 per kilowatt-hour (kWh) in the ancillary charges of consumers in the […]
May 16, 2024
Published by admin at May 16, 2024
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By Alena Mae S. Flores – May 15, 2024, 7:20 pm from manilastandard.net PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent in the first […]
May 16, 2024
Published by admin at May 16, 2024
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By Alena Mae S. Flores – May 15, 2024, 7:15 pm from manilastandard.net Repower Energy Development Corp. said Wednesday it posted a net income of P70.1 million in the first quarter of 2024, a 32-percent increase from P52.8 million a […]
May 16, 2024
Published by admin at May 16, 2024
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By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]
May 15, 2024
Published by admin at May 15, 2024
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By Alena Mae S. Flores – May 14, 2024, 8:55 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Tuesday its initial investigation showed that five power generating companies breached the unplanned outage allowance. ERC director for market operations service […]