July 20, 2018

AboitizPower installing battery energy storage to boost sale of backup power

By Lenie Lectura – July 19, 2018 from Business Mirror ABOITIZ Power Corp. plans to install and commission a 48-megawatt battery energy storage to beef up its ability to sell backup power. AboitizPower Chief Operating Officer Emmanuel Rubio said preliminary […]
July 19, 2018

Meralco backs uniform bill format

By Lenie Lectura – July 18, 2018 from Business Mirror THE Manila Electric Co. (Meralco) said on Wednesday it will support a proposed policy of the Department of Energy (DOE) to unbundle electricity charge components. This, despite existing Meralco power […]
July 17, 2018

Aboitiz subsidiary takes over Naga power plant in Cebu

By Lenie Lectura – July 16, 2018 from Business Mirror THERMA Power Visayas Inc. (TPVI), a subsidiary of Aboitiz Power Corp., has officially taken over the Naga Power Plant Complex (NPPC) in Cebu. The power facility, which was once the subject […]
July 13, 2018

EDC to raise P11.5 billion for bilateral loans, capex

By Lenie Lectura – July 12, 2018 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) will raise P11.5 billion via bilateral term loans to refinance loans and fund its capital expenditure (capex). In a disclosure to the stock exchange on […]