Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal
COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.
Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges
Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.
Agri damage hits P1.73B; TD Neneng now included
Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.
PSE sets Robinsons Retail delisting on Aug 31
Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.
Aboitiz pushes circular economy across businesses
The Aboitiz Group is broadening its circular economy strategy across its businesses, seeking to turn waste, water, energy, and other resources into inputs for other industries as rapid urbanization and industrial growth put mounting pressure on infrastructure and natural resources.
