April 25, 2022

SMC unit eyes $1-b LNG plant in Cebu

By Alena Mae S. Flores April 24, 2022, 6:40 pm from manilastandard.net San Miguel Corp.-controlled Converge Power Generation Corp. plans to develop a 600-megawatt liquified natural gas combined cycle power plant project in Lapu-Lapu City, Cebu with an estimated project […]
April 22, 2022

Citicore Energy REIT’s income jumps to P226m

By Alena Mae S. Flores – April 20, 2022, 7:25 pm from manilastandard.net Citicore Energy REIT Corp., the country’s first energy REIT, reported a net income of P226 million in 2021, or more than double the previous year’s P104 million […]
April 22, 2022

NEA identifies seven ailing electric cooperatives nationwide

By Alena Mae S. Flores – April 19, 2022, 7:10 pm from manilastandard.net Seven electric cooperatives of the total 121 ECs nationwide continue to be “ailing,” the National Electrification Administration said in its latest report. ECs labeled as “red” under […]
April 18, 2022

Meralco’s power sales climbed 6% in Q1

By Alena Mae S. Flores April 17, 2022, 7:55 pm from manilastandard.net Electricity sales of Manila Electric Co., the biggest power retailer, rose nearly 6 percent in the first quarter from a year ago as the Philippines eased mobility restrictions […]