Energy & Mining
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.
Having taken India partners, ACEN Corp. takes on American investors in new 1-GW renewable energy project
ACEN Corp. has forged a new partnership with US-based energy firm BrightNight in pursuit of a 1-gigawatt renewable energy project requiring the deployment of $1.2 billion over the next five years.
