August 3, 2024

SC: Exclusive Franchises are Prohibited by the Constitution

August 1, 2024 From sc.judiciary.gov.ph Electric cooperatives do not have a constitutional right to an exclusive franchise within their coverage areas. This was the ruling of the Supreme Court En Banc in a Decision dated July 30, 2024, penned by […]
August 3, 2024

Semirara’s profit dropped 41% to P6b in 2nd quarter

By Jenniffer B. Austria – August 2, 2024, 7:50 pm from manilastandard.net Semirara Mining and Power Corp., the coal mining and power generation unit of the Consunji family, said Friday second-quarter net income fell 41 percent to P6 billion from […]
August 2, 2024

ACEN takes full control of RWEI

By Lenie Lectura – August 2, 2024 from Business Mirror ACEN Corp. has taken full control of Real Wind Energy Inc. (RWEI) after it acquired the remaining shares held by Maraj Energy and Development Corp. (Maraj) in RWEI. RWEI is […]
August 2, 2024

AG&P, partners building Biliran II geothermal project

By Alena Mae S. Flores – August 1, 2024, 7:30 pm from manilastandard.net AG&P Industrial (Atlantic, Gulf and Pacific Company of Manila Inc.) entered the renewable energy (RE) space after signing a memorandum of understanding (MoU) with Cresphil Inc., Energy […]