December 8, 2017

December power rates decline on peso recovery

By Alena Mae S. Flores – December 07, 2017 at 08:50 pm from Alena Mae S. Flores Electricity rates declined P0.3785 per kilowatt-hour in December, on lower generation charges amid a stronger peso and softer prices at the spot market. Meralco said a […]
December 7, 2017

AboitizPower ramping up generation capacity

By Lenie Lectura – December 6, 2017 from Business Mirror ABOITIZ Power Corp. is ramping up its power-generation capacity, with several hydro and base-load power plants targeted for completion next year. AboitizPower President Antonio Moraza said the company is set to add […]
December 6, 2017

PetroEnergy RE arm reaches power-generation milestone

By Lenie Lectura – December 4, 2017 from Business Mirror PETROGREEN Energy Corp. (PGEC), the renewable-energy (RE) arm of publicly listed PetroEnergy Resources Corp. (Perc), has already generated 1-billion kilowatt-hour (kWh) of electricity over the weekend. Perc announced on Monday that PGEC […]
December 6, 2017

Aboitiz mulls over unit’s future after biomass-plant shutdown

By Lenie Lectura – December 4, 2017 from Business Mirror ABOITIZ Power Corp. said on Monday that it would explore options amid the shutdown of its wholly owned subsidiary Aseagas Corp.’s biomass power plant. “This continued shutdown will allow us to look […]