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26.8 C
Philippines
Thursday, March 27, 2025
26.8 C
Philippines
Thursday, March 27, 2025

Alena Mae S. Flores

Shell Pilipinas’ profit up 5.7% to P1.25b in 2024

Shell Pilipinas Corp. (SPC) on Wednesday reported a net income of P1.25 billion in 2024, up 5.75 percent from P1.182 billion in 2023 on...

9 companies joining auction for CBK plants

Nine companies expressed interest to participate in the sale of the 796.64-megawatt Caliraya-Botocan-Kalayaan (СВК) hydroelectric power plants, the Power Sector Asset and Liabilities Management...

DOE awards permit for Basic’s 43-MW Negros solar project

The Department of Energy (DOE) awarded a certificate of authority (COA) for Basic Energy Corp.’s planned 43-megawatt-peak Cadiz 1 solar power project in Negros...

ERC approves Meralco’s full Ilijan power deal

The Energy Regulatory Commission (ERC) allowed Manila Electric Co. (Meralco) to source the full 1,200-megawatt capacity of the Ilijan natural gas plant under its...

NGCP ready to handle over 10,000 MW of new capacity

National Grid Corp. of the Philippines (NGCP), the country’s transmission operator, said it is prepared to handle 10,260 megawatts (MW) of new power plant...

SN Aboitiz breaks ground for 40-MW battery energy site

SN Aboitiz Power Group (SNAP), a joint venture of Scatec of Norway and Aboitiz Power Corp., broke ground on the first battery energy storage...

Vivant’s core income up 20% to P2.3b in 2024

Vivant Corp. on Monday reported a 20-percent increase in its consolidated core net income (CCNI) to about P2.3 billion in 2024 from P1.9 billion...

Efficient energy key to reducing carbon footprint

The Philippine Energy Efficiency Alliance Inc. (PE2) has stressed that energy efficiency and conservation are vital for achieving the country’s emissions targets and should...

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