August 13, 2024

Geothermal unit pulls down profit of First Gen in H1

By Lenie Lectura – August 13, 2024 from Business Mirror First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]
August 12, 2024

DOE opens 2nd round of bidding for microgrid provider in 85 areas

By Alena Mae S. Flores – August 11, 2024, 6:45 pm from manilastandard.net The Department of Energy (DOE) issued the invitation to bid for the second round of competitive selection process (CSP) for microgrid system provider (MGSP) that will cover […]
August 10, 2024

FDC Utilities plans to triple power output

By Alena Mae S. Flores – August 9, 2024, 7:10 pm from manilastandard.net FDC Utilities Inc. (FDCUI), a wholly-owned subsidiary of Filinvest Development Corp. (FDC), said Friday it plans to triple its generating capacity to 1,350 megawatts by 2033 from […]