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/PRNewswire/ -- SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7...
SM Investments Corp. (SMIC), the holding firm of the Sy family, on Wednesday said its consolidated net income reached P36.5 billion in January to June, 32 percent higher than last year’s P27.7 billion. Consolidated revenues rose 18 percent to P286.3 billion in the January to June period from P242.6 billion…
SM Investments Corp., through its wholly owned Philippine Geothermal Production Company, Inc. on Tuesday announced plans to invest P3 billion annually
EDC among 5 bidders for geothermal, hydro projects on February 17, 2021 at 9:00 pm Five power generators led by Lopez-led Energy Development Corporation (EDC) have submitted bids to the Department of Energy (DOE) in its third Open and Competitive Selection Process (OCSP3), which aims develop renewable energy (RE) projects in the country. The DOE offered a total of 22 pre-determined areas for development, five of them geothermal and 17 hydropower. EDC submitted its bids for the 27-megawatt (MW) Daklan Geothermal Project in Bokod, Benguet and the 17MW Puting Lupa Geothermal Project in Laguna....
Still no foreign investors for geothermal, biomass projects on December 28, 2020 at 10:58 am The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing full foreign ownership of such projects, according to Energy Sec. Alfonso Cusi. But while the Department of Energy (DOE) has not received any application to build a biomass facility wholly owned by a foreign entity, DOE Renewable Energy Management Bureau Director Mylene Capongcol said the department got many applications for biomass ...