May 2, 2024

AboitizPower’s solar plant adds new capacity to the grid amid tight supply

By Alena Mae S. Flores – April 30, 2024, 7:25 pm from manilastandard.net Aboitiz Renewables Inc. (ARI), the renewable energy (RE) arm of Aboitiz Power Corp., said Tuesday the timely testing and commissioning of the 159-megawatt peak (MWp) Laoag Solar […]
April 30, 2024

Higher power demand seen in May

By Alena Mae S. Flores – April 29, 2024, 9:00 pm from manilastandard.net Power demand could further increase in May after it reached a peak of 9,301 megawatts on April 24, surpassing the 2024 and 2025 forecasts, the country’s largest […]
April 30, 2024

Meralco looking at P40-b core net income this year

By Alena Mae S. Flores – April 29, 2024, 7:35 pm from manilastandard.net Manila Electric Co. (Meralco) is looking at full-year consolidated core net income of P40 billion in 2024, as first-quarter income climbed 11 percent to P10.1 billion on […]
April 29, 2024

NexGen eyeing IPO to fund RE projects

By Alena Mae S. Flores – April 28, 2024, 8:45 pm from manilastandard.net NexGen Energy Corp., a wholly-owned subsidiary of Pure Energy Holdings Corp. (PEHC) said over the weekend it is preparing for an initial public offering (IPO) to raise […]