Domestic setbacks slash ACEN profit
The Ayala group’s renewable energy arm, ACEN Corp., was hit by lower Philippine generation, weak spot market prices, and rising costs from newly operational…
· 1 MIN READ
Daily TribuneTopic
The Ayala group’s renewable energy arm, ACEN Corp., was hit by lower Philippine generation, weak spot market prices, and rising costs from newly operational…
· 1 MIN READ
ACEN Corp., the Ayala group’s renewable energy arm, sustained a 28 percent drop in consolidated net income to P1.95 billion in the first quarter of the year,…
· 1 MIN READ
Metro Pacific Investments Corp. (MPIC) saw a 48 percent jump in net income to P9.1 billion in the first quarter from P6.1 billion a year ago, driven by gains…
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The Department of Energy (DoE) has ordered the removal of illegal campaign materials and other obstructions from power infrastructure nationwide ahead of…
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Relief is on the way for motorists as fuel prices are set to dip this week, breaking a two-week streak of increases.
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These new models couldn’t come at a better time.
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The Manila Electric Co. (Meralco) — the country’s largest power distributor — has assured uninterrupted electricity service across its franchise areas during…
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The group had until recently been exploiting supply scarcity to boost prices
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HD Homelift Solutions was the first to introduce the Swedish-brand home elevator to the Philippine market
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Its founders pioneered local wind energy development with the Bangui Bay wind farm in 2005, followed by Pililla, Rizal in 2015.
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‘We navigated the softer energy market through improved power generation and coal production, strengthened contracting strategies and disciplined cost…
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Disruptions, though uncomfortable, are often the birthplace of transformation. The blackouts forced individuals to confront their reliance on external…
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A price rollback in petroleum products is expected next week after consecutive weeks of increases, according to Department of Energy (DOE) Oil Industry…
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Pasay City police arrested three individuals, including a minor, during a buy-bust operation Wednesday night.
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The ramped-up investments in renewable energy and infrastructure dampened Aboitiz Equity Ventures Inc. (AEV)’s consolidated net income — P3.2 billion — in the…
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‘Industry giants are proactively investing in clean technologies — electrification, hydrogen, carbon capture, and biofuels — positioning sustainability at the…
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‘We are consistently keeping a close watch on how the electricity market is moving to make sure price signals remain reflective of actual system conditions…
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