Energy & Mining
Key PLDT units switching to renewable energy supplied by ACEN
PLDT Inc. on Thursday said 33 of its facilities in Greater Metro Manila are switching to renewable power supplied by ACEN's retail unit, ACEN Renewable Energy Solutions.
Strong demand for power in Mindanao drives Alsons Consolidated earnings
Alsons Consolidated Resources Inc., the listed company of the Alcantara Group, said Thursday net income last year rose 22 percent to P2.29 billion, fueled by stronger demand for power in Mindanao.
ACEN Australia commits to supply Marubeni unit with renewable energy from NSW solar farm
ACEN Corp. subsidiary, ACEN Australia has agreed to provide Australia-based SmartestEnergy with renewable electricity generated from the first stage of the New England Solar project in New South Wales.
Retailers implement a rollback of petroleum prices
Fuel retailers have cut the price of petroleum products this week after last week’s mixed adjustments.
Second failed bidding permits negotiated Meralco purchase of 260-MW for peaking purposes
The Manila Electric Co. (Meralco) has declared the second attempt at bidding its 260-megawatt requirement for peaking purposes in the hot months ahead a failure.
