Energy & Mining

Meralco five-month sales rise 9 percent

The Manila Electric Co. (Meralco) on Monday reported sales growing 9 percent higher in the first five months from a year-earlier.

Oil prices down after last week’s mixed adjustments

Fuel prices at the pumps fall across the board beginning Tuesday, led by kerosene that sells P1.30 cheaper per liter in latest rollbacks the various retailers have announced.

Altenergy eyes run-of-river hydro projects 

Renewable energy developer Alternergy Holdings Corp. projects completing two run-of-river hydro projects with a total capacity of 22 megawatts (MW) by next year.

MBC supports Meralco’s franchise renewal

The Manila Electric Co. (Meralco) has secured the backing of another major business group in its bid to renew its franchise set to expire in 2028. 

ACEN infuses P8.7 billion in Giga Ace to fund solar farm project

ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday it bought additional shares in Giga Ace 8 Inc. worth P8.7...

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