PetroEnergy Resources Corporation (PERC) reported a Consolidated Net Income as of September 30, 2018 amounting to US$9.77MM, a 27% increase from US$7.71MM for the same period in 2017.

PetroSolar Corporation (PetroSolar) was awarded on September 17, 2018 a Certificate of Registration approved on September 7, 2018 by the Board of Investments (BOI) for the 20MW_DC Tarlac-2 Solar Power Project (TSPP-2) located in Central Technopark, Tarlac City. PetroSolar, a joint venture of PetroGreen Energy Corporation (PGEC) and EEI Power Corporation, owns and operates the 50MWDC Tarlac-1 solar plant which started commercial operations in February 2016 as one of the early qualifiers in the government’s solar feed-in-tariff program. PGEC is the renewable energy holding unit of publicly-listed PetroEnergy Resources Corporation.

His interest in power plants and passion for learning led him to a great opportunity for professional and career advancement. Engr. John Carlo C. Juaneza, a Mechanical Engineering alumnus from Malayan Colleges Laguna (MCL), was among the 28 selected Indonesian and Filipino geothermal professionals to attend an extensive program in Geothermal Project Management at the University of Auckland in New Zealand, from March to April 2018. Carlo is currently a Power Plant Operations Supervisor in Maibarara Geothermal Inc. (MGI) in Sto. Tomas, Batangas.