March 30, 2020

PSALM thumbs down capacity purchase cut

By Myrna M. Velasco – March 29, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) said it will not concur to capacity off-take (power purchase) reduction during the enhanced community quarantine (ECQ), even […]
March 30, 2020

JV to pioneer offshore wind projects in PH

By Myrna M. Velasco – March 29, 2020, 10:00 PM from Manila Bulletin A joint venture among Filipino-Swiss-German investors will be pioneering the development of offshore wind electric generating facilities in the country, which is considerably an uncharted territory yet […]
March 28, 2020

Meralco unit stops work on power projects

By Myrna M. Velasco – March 27, 2020, 10:00 PM from Manila Bulletin The power generation investment unit of Manila Electric Company (Meralco) has temporarily stopped “site activities” on the various power projects that it has been advancing to construction […]
March 27, 2020

Alsons earnings rise by 67% to ₱938 M

By Myrna M. Velasco – March 26, 2020, 10:00 PM from Manila Bulletin With hefty contribution from power generating fleets that just reached commercial operations, the full year consolidated net income of Alsons Consolidated Resources Inc. (ACR) of the Alcantara […]