Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.
Aboitiz Power Corp., the power generation and distribution unit of the Aboitiz Group, posted a net income of P10.6 billion in the third quarter, a 5 percent gain from the year-earlier period, driven mainly by improved margins from its generation segment.
Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.
The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
Metro Dumaguete Water (MDW) is adding three million liters per day to its production capacity and upgrading its distribution network as it moves to secure water supply for 37,000 consumers ahead of a potentially severe El Niño.
Alex Eala needed more than two hours, a nerve-testing tiebreak, and one emphatic forehand winner to finally shake off her Czech curse, beating 18-year-old Tereza Valentova, 6-4, 7-6 (9-7), on Thursday night to reach the quarterfinals of the Prudential Hong Kong Open.
Fifty years after its Philippine debut in 1976, the Toyota Tamaraw is taking on a new mission: transforming public transportation while helping rebuild the country's automotive manufacturing ecosystem.
Globe and Cagayan State University have teamed up to open SPARK, a new digital learning space that lets students access internet and technology for their studies while helping other learners across the country. Short for Student Productivity and Academic Research Kiosk, the first SPARK facility opened its doors at CSU-Andrews campus last September as the pilot site for the program.