August 3, 2018

PSALM seeking govt okay to pass to consumers stranded debts, costs of NPC

By Lenie Lectura – August 2, 2018 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is seeking regulatory approval to pass on to end-users the stranded debts (SD) of the National Power Corp. (NPC) amounting to P11.8 […]
August 2, 2018

Petilla, Gatmaitan quit MRC Allied

By Jordeene Sheex Lagare – August 2, 2018 from The Manila Times FORMER Energy Secretary Carlos Jericho Petilla and Carlos Jose Gatmaitan have stepped down as independent director and chairman, respectively, of listed MRC Allied Inc. which added renewable energy (RE) to its portfolio last year. Gatmaitan was […]
August 2, 2018

AEV H1 net income tops P10 billion, but 2 percent lower than in 2017

By Lenie Lectura – August 1, 2018 from Business Mirror ABOITIZ Equity Ventures Inc. (AEV) said its net income for the first half of 2018 stood at P10.1 billion, 2 percent lower than the P10.3 billion recorded last year. The […]
August 2, 2018

Solar PHL ready to supply Meralco 50 MW of solar power

By Lenie Lectura – August 1, 2018 from Business Mirror SOLAR PHILIPPINES has offered to supply the Manila Electric Co. (Meralco) 50 megawatts (MW) of solar power for P2.34 per kilowatt-hour (kWh), the lowest rate so far for solar energy. Solar Philippines President […]