spot_img
29 C
Philippines
Tuesday, May 7, 2024

Energy

AboitizPower’s first-quarter income rose 4% to P7.9b

Aboitiz Power Corp. said Monday it posted a 4-percent net income growth in the first quarter to P7.9 billion from P7.5 billion in the same period last year on higher power generation. Aboitiz Power said in a statement that stripping non-recurring items, core net income in the three-month period increased 3 percent to P7.8 billion from P7.6 billion a year earlier. “AboitizPower continued its strong performance in the first quarter of...

Semirara’s profit declined 28% in 3 months on weaker market prices

Semirara Mining and Power Corp. (SMPC) said Monday its net income fell...

REDC vows to expand RE portfolio in 2024 as part of long-term strategy

Repower Energy Development Corp. (REDC). said Monday its net income reached P172.8...

Power demand likely to top earlier forecast, says Meralco

Power sales in 2024 are expected to surpass earlier forecast amid higher...

LATEST Energy

LATEST

EU welcomes US green subsidy scheme for EVs

Washington—The European Commission said Thursday it “welcomes” US guidelines on a green subsidy scheme for commercial vehicles, after officials outlined their implementation under a...

DBP extends P254-million loan to solar energy firm

The Development Bank of the Philippines (DBP) has granted a P254-million loan to a renewable energy firm, as the state-run bank ramps up efforts...

SMC rescues debt-saddled Albay Electric Cooperative

San Miguel Global Power Holdings Corp., the power generation arm of San Miguel Corp., said Thursday it had come to the rescue of debt-saddled...

700-MW ACEN projects to start operations in 2023

ACEN Corp., the energy arm of Ayala Corp., expects to start the operations of around 700 megawatts of solar and wind projects within the...

PRINT EDITION

ADVERTISEMENT

spot_img