Energy
Meralco hikes power rate by P0.63/kWh this August
The Manila Electric Company (Meralco) has implemented a rate increase of P0.6268 per kilowatt-hour (kWh) this August, bringing the overall residential rate to P13.2703 per kWh from P12.6435 per kWh in July. This translates to an additional P125 in the monthly electricity bill for a typical household consuming 200 kWh.
Hydropower firm Repower Energy earnings surge in 1H
Repower Energy Development Corp., the hydropower subsidiary of Pure Energy Holdings Corp., first-half net income surged 58 percent to P152.20 million, with revenue soaring on...
First Gen posts flat earnings amid challenges
First Gen Corporation, the Lopez Group’s clean and renewable energy firm, said recurring attributable net income for the first half was flat at USD151 million (P8.6 billion) from from USD150 million (P8.4 billion) in the same period last year.
ACEN hits 2,100 MW renewable milestone in India
Ayala-led ACEN Corp. has crossed a major milestone in its international expansion, announcing that its attributable renewable energy capacity in India now exceeds 2,100 megawatts (MW).
Alternergy launches wind project study in Albay
Alternergy Holdings Corp. has begun assessing the feasibility of a proposed wind power project in Albay Province using advanced Light Detection and Ranging (LiDAR) technology. This marks a significant step in the expansion of its clean energy assets, aligning both with national renewable energy goals and Albay’s sustainability agenda.
