AboitizPower 1Q profit down 53%
- April 28, 2022
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In
Norwegian firm Scatec ASA is looking to expand its renewable energy (RE) investments in the Philippines, including solar, wind, and battery energy storage system (BESS) installations. Scatec General Manager for Southeast Asia
Cebu-based Vivant Corporation, through subsidiary 1590 Energy Corporation (1590 EC), will be acquiring the 225-megawatt Bauang Diesel Power Plant (BDPP) in La Union. In a disclosure to the Philippine Stock Exchange on
Despite possible Yellow Alerts during the summer months in the Luzon Grid, the Department of Energy (DOE) remains confident that there would be no power interruptions throughout the election period. “Aside from
Power demand in Luzon and Visayas continues to rise as the economy recovers from the effects of the COVID-19 pandemic, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Based on
The Institute of Climate and Sustainable Cities (ICSC) has called on the government to take on demand-side management activities to ensure power supply in the upcoming presidential elections, further warning once again
The Energy Regulatory Commission (ERC) has begun its investigation into the unplanned shutdown of seven power generators that resulted in the Luzon Yellow Alert on Saturday night. Based on a Manila Bulletin
Despite last Saturday’s Yellow Alert in Luzon, Energy Sec. Alfonso Cusi said there was “still enough capacity in the system as it did not result [in] any power interruption.” The National Grid
Luzon was once again placed under a Yellow Alert on Saturday night, as several power plants went on unplanned outages and derated capacities, according to the National Grid Corporation of the Philippines
The Luzon Grid reached its highest peak demand this year at 11,513 megawatts (MW) on Tuesday afternoon, according to the Independent Electricity Market Operator of the Philippines (IEMOP). IEMOP, the operator of