Energy & Mining
Luzon, Visayas grids stay under red and yellow alerts for second day
The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
Vivant Q1 profit holds firm amid expansion push
Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.
Goldilocks shifts Cebu plant to solar power
Goldilocks Bakeshop has partnered with First Gen to operate a new solar power facility for its production plant in Lapu-Lapu City, Cebu, marking a major step in the bakery chain’s sustainability efforts.
Apex profit surges, plans $300M copper project
Apex Mining Co. Inc. nearly doubled first-quarter earnings as soaring gold prices offset weaker production, while the listed miner unveiled an aggressive capital spending program anchored on a planned USD300-million copper project and the expansion of its Maco mine operations.
Luzon, Visayas grids hit by power alerts
The power grids in Luzon and Visayas were placed under yellow and red alerts on Wednesday after several power plants went offline and electricity demand surged.
