Petron posts record P15.6-B net income in 2025, up by 84%

Petron Corporation closed 2025 with its strongest financial performance to date, posting a consolidated net income of P15.6 billion, up 84 percent from the P8.5 billion recorded in 2024.   In a statement, the country’s largest oil refiner and fuel retailer attributed the surge in earnings to stronger sales volumes, improved refining margins, and enhanced […]

Alternergy’s 28-MWp Hermosa Solar Power Plant achieves energization milestone

Alternergy Holdings Corporation announced that its 28-megawatt peak (MWp) Hermosa Solar Power Plant in Bataan has successfully achieved energization as load, marking a significant step toward full commercial operations. This milestone signifies the beginning of the project’s testing and commissioning phase, a crucial process to ensure that the solar facility meets operational and safety standards […]

Renewable energy fast becoming a trend in FAB

Renewable energy fast becoming a trend in FAB

The use of renewable energy is fast becoming a trend at the Freeport Area of Bataan with the entry of Tai Yang 1 Power, Inc. In its recent social media post, the Authority of the Freeport Area of Bataan stated that the new power firm which will rise on a 27-hectare property in FAB has […]

Tai Yang 1 Power Inc. magtatayo ng 25-megawatt solar project sa FAB

Tai Yang 1 Power Inc. magtatayo ng 25-megawatt solar project sa FAB

Patuloy na pinalalakas ng Authority of the Freeport Area of Bataan (AFAB) ang paggamit ng renewable energy sa pamamagitan ng pakikipagtambalan sa Tai Yang 1 Power Inc. para sa pagpapaunlad ng 25-megawatt solar power facility sa loob ng Freeport Area of Bataan. Itatayo ang proyekto sa 27-ektaryang lupain at inaasahang magiging isa sa pinakamalalaking renewable […]

Tai Yang 1 Power Inc. to develop 25-megawatt solar project at FAB

Tai Yang 1 Power Inc. to develop 25-megawatt solar project at FAB

Authority of the Freeport Area of Bataan (AFAB) Administrator and CEO Hussein Pangandaman said the project supports the Authority’s direction to diversify energy generation as it continues to attract more industries and investments. The project will rise on a 27-hectare property and is among the largest renewable energy developments within the Freeport Area of Bataan […]

Transmission rates down in October 2025 electric bills

Transmission rates down in October 2025 electric bills

Power transmission service provider NGCP announced a slight reduction in overall transmission rates of the end consumers this October following a reduction in ancillary service and transmission wheeling rates. Overall average transmission rates for the September 2025 billing period dropped by 1.23% to PhP1.3998/kWh, from August’s PhP1.4171/kWh. The decrease was driven by reductions in both […]

Petron strengthens sustainability drive

Petron strengthens sustainability drive

Petron Corporation announced significant progress in energy efficiency at its Petron Bataan Refinery (PBR) in Limay, Bataan — the largest and most advanced refinery in the country. The company reported that in 2024, it successfully reduced its energy consumption by nearly 366,000 gigajoules through energy recovery, resource optimization, and other process improvements. These milestones reinforce […]

AboitizPower holds Power 101 Seminar, plant tour

AboitizPower holds Power 101 Seminar, plant tour

AboitizPower, through its Transition Business Group, in partnership with the Department of Energy, hosted a Power 101 seminar and plant tour for media practitioners and public information officers from Bataan, Zambales, and Quezon. Held at Mt. Tarak Guest House and followed by a visit to the GNPower Dinginin and GNPower Mariveles power plants, the event […]