power

CREC sets over $1-B capex for first gigawatt goal

Citicore Renewable Energy Corp. (CREC) is investing more than $1 billion (P55.8 billion) in 2025…

US suspends licenses to ship nuclear plant parts to China

The US in recent days suspended licenses for nuclear equipment suppliers to sell to China’s…

P30-B EDC geothermal project proceeding as scheduled

A subsidiary of First Gen Corp. is on track to finish its P30-billion geothermal drilling…

22 gencos flagged for poor performance

Twenty-two power generation companies (gencos), including those owned by big players, are under scrutiny by…

MGen taps Saudi Arabian firm in Asean expansion

The power generation arm of Manila Electric Co. is not limiting itself to the Philippines…

BIZ BUZZ: Meralco’s next nuke talk stop: S. Korea

Manila Electric Co. of tycoon Manuel V. Pangilinan is heading to South Korea in July…

NGCP gets green light for 2 projects worth P32B

The National Grid Corporation of the Philippines (NGCP) has secured a nod from the regulator…

Alternergy bullish on better results for 2025

Renewable energy producer Alternergy Holdings Corp. expects its 2025 bottom line to “significantly improve” with…

Meralco’s mammoth solar park almost half done

The construction of the P200-billion solar facility in Luzon is progressing well with the project…

Renewables, oil pull down PetroEnergy profit

PetroEnergy Resources Corp. (PERC), the listed energy arm of the Yuchengo Group of Companies, registered…