May 12, 2022

ACEN net income dives in January-March

BY LENIE LECTURA – MAY 11, 2022 from Business Mirror ACEN Corp. posted a 68-percent decline in net income for the first quarter of the year to P405 million even as revenues grew by 29 percent during the period. The […]
May 9, 2022

WESM logs 3-fold growth in businesses’ shift to RE

By Myrna M. Velasco – May 7, 2022, 12:20 PM from Manila Bulletin The Wholesale Electricity Spot Market (WESM), which serves as the central registration body for the Green Energy Option Program (GEOP), has been registering massive shift of qualified […]
May 2, 2022

Meralco PowerGen mulls foreign partners for wind projects

By Myrna M. Velasco – May 1, 2022, 8:00 PM from Manila Bulletin Meralco PowerGen Corporation, a power generation subsidiary of Manila Electric Company (Meralco), will be tapping foreign partners for targeted investments in offshore wind farm installations. “We are […]
April 28, 2022

EDC’s Mindanao plant starts delivery to Mindanao grid

By Myrna M. Velasco – April 27, 2022, 2:59 PM from Manila Bulletin The 3.6-megawatt binary expansion of the Mindanao geothermal power plant of Lopez-led Energy Development Corporation (EDC) is now delivering capacity into the grid, hence, reinforcing Mindanao’s portfolio […]