May 7, 2021

PERC Net Income Up 21% In 2020

BY LENIE LECTURA – MAY 7, 2021 from Business Mirror Yuchengo-led PetroEnergy Resources Corp. (PERC) booked P646 million in net income last year, up 21 percent from P543 million posted in 2019, buoyed by the full-year operations of its solar […]
May 5, 2021

ERC: No Interest On Delayed FIT Payments For 6 Months

BY LENIE LECTURA – MAY 5, 2021 from Business Mirror The Energy Regulatory Commission (ERC) has imposed a moratorium on interest for delayed payment of FIT (Feed-in-Tariff) revenue owed by the government to renewable energy (RE) players. In a public […]
May 3, 2021

Group Applauds RP Energy Decision To Scrap Coal Plant

BY LENIE LECTURA – APRIL 30, 2021 from Business Mirror Photo from FB post in Power4PeopleCoalition Faceook page Energy consumer advocate Power for People Coalition (P4P) welcomed the decision of Redondo Peninsula Energy Corp. (RP Energy) to no longer pursue […]
May 1, 2021

No Disconnection Until May 14 Due To MECQ–Meralco

BY LENIE LECTURA – APRIL 30, 2021 from Business Mirror The Manila Electric Co. (Meralco) is extending the suspension of disconnection activities in its franchise area until May 14 as government extended the modified enhanced community quarantine (MECQ) in National […]