business mirror – Page 45 – Matuwid na Singil sa Kuryente

May 2, 2023

Published by admin at May 2, 2023

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Exec: ACEN will back only renewable energy projects

BY LENIE LECTURA – MAY 2, 2023 from Business Mirror ACEN Corp., which is transitioning its generation portfolio to 100 percent renewable energy (RE) by 2025, declared that it will not provide funding for the planned gas-fired power plant of […]

April 28, 2023

Published by admin at April 28, 2023

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PXP Energy net loss widens on higher costs in January-March

BY LENIE LECTURA – APRIL 28, 2023 from Business Mirror PXP Energy Corp. reported a net loss of P5.3 million in the first quarter, significantly higher than the P2.8 million recorded in the same period a year ago. Core net […]

April 26, 2023

Published by admin at April 26, 2023

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‘Power spot prices to remain at P7/kwh on rising demand’

BY LENIE LECTURA – APRIL 26, 2023 from Business Mirror The Independent Electricity Market Operator of the Philippines (IEMOP) warned that average electricity spot market prices in May could remain at the P7 per kilowatt hour (kWh) level. IEMOP reported […]

April 25, 2023

Published by admin at April 25, 2023

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Meralco net income soars as revenues surge in Q1

BY LENIE LECTURA – APRIL 25, 2023 from Business Mirror The Manila Electric Co. (Meralco) reported that its net income in the first quarter went up by 40 percent to P8.1 billion, from P6.4 billion in the same period a […]