Vena Energy, a Singapore-based renewable energy company is gearing up on expanding its operations as it plans to add 300 megawatts (MW) up to 500 MW over the next two to three...
The Ayala Property Management Corporation (APMC) has committed 56 MW to the Manila Electric Company’s (MERALCO) interruptible load program (ILP) as part of the company’s efforts to ensure stable and reliable electricity...
The Manila Electric Co. (MERALCO) has announced a Php 0.1180 per kilowatt-hour (kWh) reduction in its electricity rates for April, bringing the overall rate to Php 11.3168/kWh from the previous month’s Php...
San Miguel Global Power Holdings Corp. is encouraging other power companies to follow in its footsteps and join in building 5,000 megawatts (MW) of battery energy storage system (BESS) facilities in the...
Nuevo Solar Energy Corp. (NSEC), a joint venture between MGen Renewable Energy, Inc. and Vena Energy, has launched the commercial operations of the 68-megawatt-AC (MWac) solar project in Currimao, Ilocos Norte. “Today...
Shell Pilipinas Corporation has recorded a Php 4.1 billion net income in 2022, up six percent from the previous year amid high inflation, and fuel price volatility amid the Russia-Ukraine war. The...
The Department of Energy (DOE) has signed three offshore wind (OSW) contracts with Copenhagen Infrastructure New Markets Fund (CINMF), making it the first fully-foreign-owned company to invest in offshore wind developments in...
Department of Energy (DOE) Secretary Raphael Lotilla has urged the National Grid Corporation of the Philippines (NGCP) to file a motion of reconsideration after the Energy Regulatory Commission (ERC) denied its request...
The Manila Electric Co. (MERALCO) has signed an emergency power supply agreement (EPSA), this time with South Premiere Power Corporation (SPPC) for the 300 megawatts (MW) baseload capacity. The EPSA covers the...
The Manila Electric Co. (MERALCO) has established a new subsidiary focusing on transport service networks engaging in electric energy and other alternative energy sources. MERALCO said that its wholly-owned subsidiary, Movem Electric...
