The Manila Electric Co. (MERALCO), through its power generating arm MERALCO PowerGen Corp., is looking to commission two of its solar power plants by the first quarter of 2023, as well as...
The Manila Electric Co. (MERALCO) has entered into emergency power supply agreements (EPSA) and seeking new offers to contract 1,000 megawatts (MW) of capacity in case its power supply agreements (PSA) with...
The Manila Electric Co. (MERALCO) recorded a core net income of Php 13.1 billion for the first half of 2022, 15% higher than the Php 11.4 billion recorded in the same period...
NEO’s real estate portfolio in the Philippines is the first in the world to be certified with the International Finance Corporation’s EDGE Zero Carbon certification. The retrofit plans for its seven office...
Pilipinas Shell Petroleum Corporation (PSPC) said reported an increase in its net income to Php3.37 billion from January to September this year, a reversal from its Php13.9 billion loss in the same...
The Energy Regulatory Commission (ERC) has named at least eight power generation companies (gencos) facing penalties as their respective plants have gone over the maximum number of days of allowable forced outages...
AC Energy (ACEN) said that it has raised a total of $967.6 million (around Php48.7 billion) in fresh capital in the first nine months of the year. This comes as the Ayalas’...
The Department of Finance (DOF) said it will seek funding sources and come up with programs aimed at attracting investments, as the country seeks to shift away from carbon-based power generation. Based...
Power generation companies (gencos) may be welcoming the “Ber” months with some news from the Energy Regulatory Commission (ERC) regarding its investigation into their involvement in the Luzon Red Alerts from May...
Ever wondered how electricity safely reaches our homes and businesses? Most would think that it is simply delivered through the transmission lines and distributed to our outlets. But there’s a vital component...
