August 4, 2017

AEV registers net profit of P10.3b

by Alena Mae S. Flores – August 02, 2017 at 08:15 pm from manilastandard.net Aboitiz Equity Ventures Inc., the holding company of the Aboitiz Group, reported a 2-percent decline in first-half net income to P10.3 billion from P10.5 billion in the same period […]
August 2, 2017

Lantau Group sees lower electricity rates with nonapproval of Meralco PSAs

By Lenie Lectura – August 1, 2017 from Business Mirror HONG Kong-based think tank, Lantau Group, said the nonapproval of the power-supply agreements (PSAs) between the Manila Electric Co. (Meralco) and power producers will create instead what it called a “contracting gap” that […]
August 2, 2017

WESM doing wonders for power sector

By Lenie Lectura – August 2, 2017 from Business Mirror ELEVEN years since it was launched in Luzon and seven years after in the Visayas, the Wholesale Electricity Spot Market (WESM) has promoted competition and transparency—and has continued to multiply investors—in the power […]
August 1, 2017

PetroEnergy unit gets permit for Palawan solar-power plant

By Lenie Lectura – July 31, 2017 from Business Mirror THE subsidiary of PetroEnergy Resources Corp. has secured environmental permits for its solar power project in Puerto Princesa. “The proposed 10-megawatt [MW] Puerto Princesa solar-power project of PetroGreen Energy Corp. [PGEC] secured two vital environmental […]