August 8, 2024

IPHI to build battery project in Rizal

By Lenie Lectura – August 8, 2024 from Business Mirror Ingrid Power Holdings Inc., (IPHI) a joint venture between ACEN Corp. and Marubeni Asian Power Corp., has proposed the construction of a 150-megawatt (MW) battery energy storage system (BESS) in […]
August 8, 2024

Visayan Electric seeks ERC approval for P4.27-b capex

By Alena Mae S. Flores – August 7, 2024, 7:30 pm from manilastandard.net Visayan Electric Co. (VECO) is seeking approval from the Energy Regulatory Commission (ERC) for its capital expenditure (capex) program amounting to P4.273 billion. Bulk of the capex […]
August 8, 2024

Citicore posts 9% net income hike to P910 million

BY MYRNA M. VELASCO – Aug 7, 2024 05:24 PM from Manila Bulletin AT A GLANCE There had been three-tiered drivers to Citicore’s profitability: and these were primarily from sale of electricity as the major contributor; then earnings arising from […]
August 7, 2024

New Meralco substations to rise in ALI’s properties

By Lenie Lectura – August 7, 2024 from Business Mirror THE  Manila Electric Co. (Meralco) announced last Tuesday it will put up new substations within several Ayala Land Inc.’s (ALI) developments particularly for Circuit Makati and Parklinks Estate facing Quezon City and […]