Citicore, SMC Global in a 153.5MW solar farm joint venture
Citicore Renewable Energy Corp. said it formed a joint venture company with SMC Global Light and Power Corp. that will develop, construct, and operate a153.5 megaWatt solar power farm in Mariveles, Bataan.
ERC sets draft price cap on reserve power sold at WESM
The Energy Regulatory Commission (ERC) has issued a draft resolution proposing a price cap as a mitigating measure in the sale of reserve power at the Wholesale Electricity Spot Market (WESM).
Globe Telecom projects positive cash flow in two years
Globe Telecom over the weekend projected reverting to positive cash flow by 2025 as it optimizes spending in line with strategic cuts in capital expenditure.
MVP picks Rubio as MGen president and CEO
Manila Electric Co. subsidiary, Meralco PowerGen Corp. (MGen) has appointed Emmanuel Rubio as its new president and chief executive officer starting the first day of July.
Pinoy travelers to Japan up 20% in only three months
Cebu Pacific (CEB) reported flying nearly 110,000 passengers to Japan in only the first three months this year, exceeding the pre-pandemic level by 20 percent and nearly double the figure from the same period last year.
