October 28, 2022

Two binary plants to supply 46MW power in 2023–DOE

BY LENIE LECTURA – OCTOBER 28, 2022 from Business Mirror THE additional geothermal power capacity that will come online starting next year will help the country achieve its renewable energy (RE) target, the Department of Energy (DOE) said Thursday. DOE […]
October 27, 2022

Kyuden investment in PGEC done

BY LENIE LECTURA – OCTOBER 27, 2022 from Business Mirror JAPAN’S Kyuden International Corp. (KIC) has completed its initial investment in PetroGreen Energy Corp. (PGEC). Following the signing of the shareholders’ agreement for the acquisition of 25-percent interest in PGEC, […]
October 27, 2022

PXP Energy cuts losses to P14.7M

BY LENIE LECTURA – OCTOBER 27, 2022 from Business Mirror PXP Energy Corp. announced it has cut its net loss to P14.7 million at end-September this year from P20.2 million in the same period a year ago, mainly due to […]
October 26, 2022

Marelco: NPC plans power cuts to conserve costly fuel

BY LENIE LECTURA – OCTOBER 26, 2022 from Business Mirror The Marinduque Electric Cooperative Inc. (Marelco) has been informed by the National Power Corp. (NPC) of possible “load shedding,” as a result of insufficient budget. Marelco said Tuesday that it […]