Energy & Mining

PSALM kicks off bidding process for CBK hydro plants

The Power Sector Assets and Liabilities Management Corp. (PSALM) held a pre-proposal conference on Tuesday for the upcoming sale of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants, marking a significant step in the ongoing privatization of state-owned energy assets.

Globe signs renewable energy milestone with First Abacus Financial Center

Globe Telecom has achieved a significant step toward its net-zero goals by fully transitioning The Globe Tower Cebu (TGTC) to 100 percent renewable energy.

Aboitiz unit breaks ground on 40 MW facility in Benguet

SN Aboitiz Power Group (SNAP) has broken ground on its first battery energy storage system (BESS) facility in the Cordillera Administrative Region (CAR), marking a significant step in the company's renewable energy (RE) expansion strategy.

ACEN Corp. signs P75M subscription deal supporting renewable energy projects

Listed renewable energy developer ACEN Corp. has entered into a P75 million subscription agreement with subsidiary firm ACEN Technical Services Inc. (ACEN TSI).

Vivant reports 4% net income expansion in 2024

Vivant Corp. has posted a 4 percent increase in net income attributable to equity holders, reaching P2.4 billion in 2024, up from P2.3 billion in 2023.

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