March 28, 2022

Meralco seeks nod of ERC for P149-B capex program

BY LENIE LECTURA – MARCH 28, 2022 from Business Mirror THE MANILA Electric Co. (Meralco) is seeking regulatory approval for its proposed fifth regulatory period capital expenditure (5RP capex) amounting to P149.652 billion. The 5RP will commence on July 1, […]
March 28, 2022

Solar PHL inks power supply deal with PLN

BY LENIE LECTURA – MARCH 28, 2022 from Business Mirror Solar Philippines (SP), through its joint venture (JV) with Medco Energi (Medco), has sealed a power supply deal with Indonesia’s state utility PLN. The 20-year Power Purchase Agreements (PPA) are […]
March 25, 2022

ERC announces green energy auction prices

BY LENIE LECTURA – MARCH 24, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has released the preliminary Green Energy Auction Reserve (GEAR) prices for the upcoming Green Energy Auction for Renewable Energy. The preliminary GEAR price for solar […]
March 25, 2022

Power plant in Sarangani boosts Alsons net income

BY LENIE LECTURA – MARCH 24, 2022 from Business Mirror Alsons Consolidated Resources Inc. (ACR), the publicly-listed company of the Alcantara Group, reported a 24-percent jump in its net income to P405 million last year from P325 million in 2020. […]