September 5, 2024
Published by admin at September 5, 2024
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Ombudsman suspends ERC chairman Dimalanta

By Ed Paolo Salting – September 5, 2024 2:31 PM from The Manila Times MANILA, Philippines — The Office of the Ombudsman ordered on Thursday the six-month preventive suspension of Energy Regulatory Commission (ERC) Chairman and CEO Monalisa Dimalanta. The […]
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September 4, 2024
Published by admin at September 4, 2024
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Power prices at spot market fell in August

By Alena Mae S. Flores – September 3, 2024, 8:00 pm from manilastandard.net Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per kWh in July […]
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August 16, 2024
Published by admin at August 16, 2024
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CREC’s revenues up 13%, income flat in first semester

By Alena Mae S. Flores – August 15, 2024, 8:10 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC) recorded a flat growth in its net income in the first six months of 2024 to P456.40 million, as revenues went up […]
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August 13, 2024
Published by admin at August 13, 2024
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Geothermal unit pulls down profit of First Gen in H1

By Lenie Lectura – August 13, 2024 from Business Mirror First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower […]
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