By Danessa Rivera – October 28, 2017 – 12:00am from Philstar MANILA, Philippines — Power distributor Manila Electric Co. (Meralco) is looking to slightly surpass its core profit last year as the surprise surge in sales will be tempered by the intense retail competition and ongoing developments in its power generation business. Meralco chairman Manuel V. Pangilinan said the company has set a guidance on 2017 consolidated core net income to be a slight improvement over the amount reported in […]

By Richmond Mercurio – October 28, 2017 – 12:00am from Philstar MANILA, Philippines — The Board of Investments (BOI) has approved four renewable energy projects totaling P35.4 billion in support of the administration’s efforts to address the power requirements of its ongoing infrastructure buildup program. Three of the projects will be undertaken by Currimao Solar Energy Corp. which include a P4.74 billion Talisay wind power project in Camarines Norte, a P14.6 billion Talim wind power project in Rizal, and the […]