April 23, 2018

SREC breaks ground for hybrid-power plant in Palawan

By Lenie Lectura – April 22, 2018 from Business Mirror SABANG Renewable Energy Corp. (SREC) broke ground for its hybrid power plant in Palawan. SREC’s hybrid power plant will consist of 1.4 megawatts of solar power with a 2.3-MW-per-hour battery-storage system and […]
April 18, 2018

PetroEnergy income reached $8.46 million last year

By Lenie Lectura – April 17, 2018 from Business Mirror PETROENERGY Resources Corp. (PERC) reported its earnings jumped 44 percent to $8.46 million (P439.8 million in 2017 as against $5.86 million (P304.65 million) in 2016, mainly on account of higher revenues. The company attributed the profit […]
April 16, 2018

More RE rollout to hike oil’s share in power mix

By Myrna M. Velasco – April 15, 2018, 10:00 PM from Manila Bulletin It is an ironic twist, but the Philippines target of 15,304 megawatts of renewable energy (RE) capacity into its power system until year 2030 under the Renewable […]
March 29, 2018

Meralco backs use of Malampaya funds

By Alena Mae S. Flores – March 27, 2018 at 07:00 pm from manilastandard.net Manila Electric Co., the biggest retailer of electricity, is backing the government’s plan to use the Malampaya funds to spare end-users from higher rates. Meralco vice […]