August 16, 2024

CREC’s revenues up 13%, income flat in first semester

By Alena Mae S. Flores – August 15, 2024, 8:10 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC) recorded a flat growth in its net income in the first six months of 2024 to P456.40 million, as revenues went up […]
August 16, 2024

Meralco cleared to hike power cost by P0.33 per kWh

By Alena Mae S. Flores – August 15, 2024, 7:30 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved power retailer Manila Electric Co.’s (Meralco) bid to implement an increase of up to P0.33 per kilowatt-hour to recover the fuel […]
August 13, 2024

Nuclear energy regulator seen functional by 2026

By Alena Mae S. Flores – August 11, 2024, 7:20 pm from manilastandard.net Stock photo of a nuclear power plant (Image by Wolfgang Stemme from Pixabay) The Philippines aims to have a fully operational, independent nuclear power regulatory commission by […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]