August 18, 2022

Meralco seeks bids for power deal

BY LENIE LECTURA – AUGUST 17, 2022 from Business Mirror The Manila Electric Co. (Meralco) is soliciting bid offers to challenge the unsolicited proposal of Solar Philippines Batangas Baseload Corp.’s (SPBBC) 200 megawatts (MW) of baseload supply starting 2024. The […]
August 17, 2022

SMC power unit allots P133B for capital projects

BY LENIE LECTURA – AUGUST 16, 2022 from Business Mirror SMC Global Power SMC Global Power Holdings, Corp. (SMCGP) said Tuesday over P133 billion has been authorized for capital projects but the amount has yet to be disbursed. “The outstanding […]
August 17, 2022

Solana Solar, Penelco ink supply deal

BY LENIE LECTURA – AUGUST 16, 2022 from Business Mirror Solana Solar Alpha, Inc. (Solana Solar), a subsidiary of Alternergy Holdings Corp., will supply 10 megawatts (MW) to Peninsula Electric Cooperative Inc. (Penelco). Under the 20-year power supply agreement they […]
August 16, 2022

Alsons earnings fall by 20% in January-June

BY LENIE LECTURA – AUGUST 15, 2022 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc. (ACR) recorded a 20-percent drop in earnings to P689 million in the first half from the P871 million recorded in the same period a year […]