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Wednesday, September 25, 2024

Energy

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

Alsons planning to launch ‘large-scale’ solar farm

Alsons Consolidated Resources of the Alcantara family will launch this year its...

PH asked to declare net zero commitment

The Net Zero Carbon Alliance (NZCA), a private sector-backed organization, asked the...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

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Meralco asks more customers to join net metering program

Manila Electric Co. (Meralco)  on Tuesday encouraged more customers to participate in the net metering (NP) program which allows them to install a renewable...

GlobalFoundries opens $4-b chip plant in Singapore

SINGAPORE—The world’s third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expansion to help...

New iPhones expected to come with universal charger

SAN FRANCISCO, United States­—Apple on Tuesday is expected to freshen its iPhone lineup, improving performance and switching to a universal charger set to become...

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