August 12, 2024
Published by admin at August 12, 2024
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New approach to cut PSA application backlog–ERC

By Lenie Lectura – August 12, 2024 from Business Mirror The Energy Regulatory Commission (ERC) is implementing a “one plant, one rate” approach in addressing backlogs for unresolved power supply agreement (PSAs) applications. From 2021 to 2023, PSA cases reached […]
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August 9, 2024
Published by admin at August 9, 2024
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Meralco bill to fall on lower spot prices in August–exec

By Lenie Lectura – August 9, 2024 from Business Mirror The Manila Electric Co. (Meralco) said generation charge may go down this month due to lower spot market prices, a company official said Thursday. “We are anticipating a reduction in […]
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August 9, 2024
Published by admin at August 9, 2024
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New plants boost ACEN profit in H1

By Lenie Lectura – August 9, 2024 from Business Mirror ACEN Corp. announced on Thursday that its net income jumped by 49 percent year-on-year to P6.3 billion in the first half due to the 42-percent increase in its attributable renewable […]
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August 8, 2024
Published by admin at August 8, 2024
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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 […]
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