October 10, 2022

Meralco: Weaker peso puts pressure on generation cost

BY LENIE LECTURA – OCTOBER 10, 2022 from Business Mirror Power generation rates may increase this month, but the reduction in FIT-All rates will likely offset any upward adjustment in the generation charge. According to Meralco head of corporate communications […]
October 7, 2022

San Miguel unit sets sights on selling power in WESM

BY LENIE LECTURA – OCTOBER 7, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) will terminate its two power supply agreements (PSAs) with the Manila Electric Co. (Meralco) and sell the output of the two power plants in […]
October 6, 2022

PAVI Green, PMFTC ink deal for solar project

BY LENIE LECTURA – OCTOBER 6, 2022 from Business Mirror PAVI Green Renewable Energy Inc., (PAVI Green), a wholly-owned subsidiary of Prime Asset Ventures Inc., has been tapped by PMFTC Inc. (PMFTC), the Philippine affiliate of Philip Morris International, for […]
October 6, 2022

San Miguel unit fast-tracking installation of BESS facilities

BY LENIE LECTURA – OCTOBER 6, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) is targeting to complete the installation of 1000 megawatts (MW) of battery energy storage system (BESS) facilities before next year’s peak season, which is […]