MERALCO net income up 47% in 1H 2023
- August 1, 2023
The Manila Electric Company (MERALCO) recorded a 47% increase in its consolidated net income in the first half of the year, the company announced. During the period, MERALCO achieved a record high
The Manila Electric Company (MERALCO) recorded a 47% increase in its consolidated net income in the first half of the year, the company announced. During the period, MERALCO achieved a record high
The Department of Energy (DOE) is willing to adjust the policy framework for the investments and deployment of the country’s energy storage systems. In a report by the Manila Bulletin, Energy Secretary
The country’s shift to renewable energy (RE) will take time and the sector should be honest about how long that shift will take, the Department of Energy (DOE) said. In a BusinessWorld
New Wave Strategic Holdings Inc., a subsidiary of IP E-Game Ventures Inc. and Emissary Capital Partners Sdn Bhd, a Malaysian government-backed funding entity, proposes a $50- million investment in the country’s renewable
Energy Secretary Raphael P.M. Lotilla said that the Energy Virtual One-Stop Shop (EVOSS) will soon include Local Government Units (LGU) to help resolve the delays in the approval of projects. In a
Energy Virtual One-Stop Shop (EVOSS) system chairman of the Steering Committee, Executive Secretary Lucas P. Bersamin, is vying for a 60-day process in issuing a system impact study (SIS) for grid connection
Aboitiz Power Corporation recorded Php 17.8 billion in net income for the first half of 2023, following fresh contributions from GNPower Dinginin Ltd. Co. (GNPD) and higher availability in its portfolio. In
The country will need around 8,000 megawatts (MW) of additional energy capacity by 2028, Energy Secretary Raphael Lotilla said. Lotilla is hopeful that the energy projects in development will “move faster” as
Prime Energy Resources Development B.V. exceeded its target gas output for the second quarter in the Malampaya gas field. The Prime Infrastructure Capital Inc. subsidiary said that it recorded 280 million standard
In a bid to ease environmental concerns about unmanaged solid waste while securing more energy sources, a measure that promotes waste-to-energy (WTE) technology has advanced in the Senate after being endorsed for