January 18, 2020

PSALM still has ₱95-billion pending UC applications

By MYRNA M. VELASCO – January 17, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) still has mammoth ₱95.45 billion worth of pending applications for universal charges (UCs) that are intended for pass-on […]
January 16, 2020

Taal ash fall causes outages in Meralco service areas

By Myrna M. Velasco – January 15, 2020, 10:00 PM from Manila Bulletin The ash fall from the erupting Taal Volcano has also cut-off electricity service in areas being served by power utility giant Manila Electric Company (Meralco), primarily those […]
January 15, 2020

AC Energy investing ₱1.86 B in solar unit

By MYRNA M. VELASCO – January 14, 2020, 10:00 PM from Manila Bulletin Ayala firm AC Energy Philippines Inc. (ACEPH) will be investing ₱1.86 billion in a solar corporate vehicle subsidiary via subscription of common and preferred shares. The cash […]
January 15, 2020

First Gen cautions on possible curtailment of plant operations

By MYRNA M. VELASCO – January 14, 2020, 10:00 PM from Manila Bulletin Due to the continued high alert level raised on probable perilous eruption of the Taal Volcano, First Gen Corporation has cautioned that its gas-fired power plants in […]