power

Aboitiz starts building 48-MW battery system in Agusan del Norte

Aboitiz Power Corp. has begun building its 48-megawatt (MW) hybrid energy storage system to complement…

PetroEnergy profit surges 89% to P881M

PetroEnergy Resources Corp. (PERC) has reported a significant jump in its earnings last year, mainly…

Lopez Holdings books 123% profit surge

Lopez Holdings Corp. more than doubled its profit last year to P6.34 billion as media…

BIZ BUZZ: Meralco hits back at DOE exec

Manila Electric Co. (Meralco), armed with a fresh 25-year franchise extension, called out an energy…

Q1 energy sales up by just 1.2%

Power distributor Manila Electric Co. (Meralco) recorded slightly better energy sales in the first quarter,…

1,200-MW gas powerhouse expects to start delivery by May

Gas-fired power plant operator Excellent Energy Resources Inc. (EERI) said it’s ready to start delivering…

Meralco gains new nuclear partner with French firm

Manila Electric Co. (Meralco) of tycoon Manuel V. Pangilinan has sealed a fresh nuclear alliance…

Nordeco to challenge Aboitiz’s Davao Light franchise expansion

The Northern Davao Electric Cooperative, Inc. (Nordeco) said it would exhaust all legal options against…

CREC seeks to connect project to grid

A unit of Citicore Renewable Energy Corp. (CREC) is seeking the regulator’s approval to build…

ACEN tops green energy option scheme

ACEN came to the forefront as a dominant player in the government’s green energy option…