Energy deficient Cebu is forecast to require far more electricity than is fed the island at present and will run out of options in four years unless new power plants are built, a top official of Aboitiz Power Corp. said.
Maynilad Water Services Inc. has widened its use of renewable energy by 15 percent by partnering with MPower, the retail arm of the Manila Electric Co.
The Manila Electric Co. (Meralco) on Monday said its bid to find 500 megawatts of renewable energy under the competitive selection process has attracted the interest of two solar power firms and one hydro power company.
The price of regular gasoline at the pumps is set to rise P0.85 more per liter beginning Tuesday in latest adjustments announced by retailer Seaoil and its competitors in the business following last week’s price cuts.
Manila Electric Co., the country’s largest electricity distributor, on Thursday said power rates in June will increase by P0.6436 per kiloWatt-hour, raising the overall...