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Tuesday, September 24, 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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First Gen’s offshore LNG terminal ready for operations

First Gen Corp.’s interim offshore terminal project in Batangas is now under the commissioning process, an executive said Thursday. “First Gen Corp.’s LNG terminal is...

September power rates likely higher on increased fuel costs

Power rates may go up in September as higher fuel costs pushed up generation charges, an executive of Manila Electric Co. said Wednesday. “Although we...

One Meralco Foundation energizes Davao de Oro rice mill

A rural farming cooperative in the town of Laak in Davao de Oro has ramped up its livelihood operations following the energization assistance provided...

Norwegian, UK firms keen on Philippine offshore wind projects

Norwegian and British renewable energy companies on Wednesday expressed interest in participating in the emerging offshore wind industry as part of the Philippines' renewable...

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