March 14, 2024

US firm, MPower eye over $400-m energy project

By Alena Mae S. Flores – March 13, 2024, 7:15 pm from manilastandard.net Ally Power, a Maryland startup and MPower Inc., the Philippines’ largest electric retail supplier, are looking at a more than $400-million agreement with MPower Inc., the Philippines’ […]
March 14, 2024

NEA probes Nueva Ecija coop’s missing retirement funds

By Alena Mae S. Flores – March 13, 2024, 6:55 pm from manilastandard.net State-run National Electrification Administration (NEA) said Wednesday it launched an investigation into Nueva Ecija II Area 2 Electric Cooperative Inc.’s (NEECO II Area 2) allegedly missing employees’ […]
March 13, 2024

ACEN Australia signs 8-year power purchase deal

By Alena Mae S. Flores – March 12, 2024, 8:25 pm from manilastandard.net ACEN Corp. said Tuesday wholly-owned subsidiary ACEN Australia signed a deal for the supply of renewable electricity from Stage 1 of its New England Solar project in […]
March 13, 2024

ACEN’s profit declines 43% after accounting adjustments

By Alena Mae S. Flores – March 12, 2024, 8:10 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, on Tuesday reported a net income of P7.4 billion in 2023, down 43 percent from 2022, after […]