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Philippines
Wednesday, April 30, 2025

Alena Mae S. Flores

DOE clears Meralco’s 3,000-MW power procurement

The Department of Energy (DOE) approved Manila Electric Co.’s (Meralco) power supply procurement plan (PSPP) involving nearly 3,000 megawatts for delivery starting from 2026...

AboitizPower raising P100b from retail bonds

Aboitiz Power Corp. (AboitizPower) plans to raise up to P100 billion from the issuance of fixed-rate retail bonds, with the first tranche of up...

ACEN optimistic on higher growth, plans more RE projects in 2026

ACEN Corp., the renewable energy arm of the Ayala group, is optimistic of continued financial growth in the next two to three years a...

Oil firms to again raise fuel pump prices

The country’s oil firms implemented another big-time oil price hike of as much as P1.35 per liter for gasoline, effective 6 a.m. Tuesday, due...

Higher power demand boosted Meralco’s Q1 earnings

Power retailer Manila Electric Co. (Meralco) said Monday it booked an 11-percent increase in consolidated core net income to P11.172 billion in the first...

Pryce posted P1.06-bin come in first quarter

Pryce Corp. said Monday it posted a 48-percent increase in its first-quarter net income to P1.06 billion from P713.67 million a year ago. Pryce said...

Aboitiz Power eyes 359-MW RE projects

Aboitiz Power Corp. is constructing 359.5 megawatts of renewable energy capacity and 48 megawatts of battery energy storage system projects for completion by the...

MGEN pushes ‘decarbonization’

Meralco PowerGen Corp., the power generation arm of Manila Electric Co. is calling for decarbonization, digitization and decentralization as the core pillars driving the...

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