Energy & Mining

PERC unit acquiring solar development projects in Luzon

PetroGreen Energy Corp. (PGEC), the renewable energy arm of listed firm PetroEnergy Resources Corp. (PERC), is acquiring solar projects in Luzon. Louie Mark Limcolioc, PGEC...

Mindanao facilities power Alsons 1Q income 67 percent higher

Listed investment holding firm Alsons Consolidated Resources Inc. (ACR) credited its power generation business in Mindanao to the 67 percent rise in net income...

Fuel products price higher after three weeks of rollbacks

After three consecutive weeks of fuel price cuts, the various retailers implement a price hike beginning Tuesday, 16 May.  Seaoil has raised the per liter price of its gasoline...

Hotter climes to push Meralco sales at least 4% higher this year

The Manila Electric Co. (Meralco), having posted sales growth of 2 percent in the first three months of the year, bared optimism of doubling...

“ERC-recommended solar rates are too low”

The Philippine Solar and Storage Energy Alliance (PSSEA) finds the rate recommended by the Energy Regulatory Commission (ERC) on consumers of floating solar technology...

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