August 17, 2022

Solana Solar, Penelco ink supply deal

BY LENIE LECTURA – AUGUST 16, 2022 from Business Mirror Solana Solar Alpha, Inc. (Solana Solar), a subsidiary of Alternergy Holdings Corp., will supply 10 megawatts (MW) to Peninsula Electric Cooperative Inc. (Penelco). Under the 20-year power supply agreement they […]
August 16, 2022

Alsons earnings fall by 20% in January-June

BY LENIE LECTURA – AUGUST 15, 2022 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc. (ACR) recorded a 20-percent drop in earnings to P689 million in the first half from the P871 million recorded in the same period a year […]
August 12, 2022

Monde Nissin, EDC ink supply contract

BY LENIE LECTURA – AUGUST 10, 2022 from Business Mirror The Monde Group has inked a power supply deal with Energy Development Corp. (EDC) for the supply of 16 megawatts (MW) for the food brand manufacturer’s 9 facilities in the […]
August 11, 2022

IEMOP: Power spot prices rise despite tepid demand

BY LENIE LECTURA – AUGUST 10, 2022 from Business Mirror The average wholesale electricity spot market (WESM) prices last month rose by 4.82 percent to P8.92 per kilowatt hour (kWh) despite lower demand, the Independent Electricity Market Operator of the […]