MGen Renewable Energy, Inc. (MGreen), a subsidiary of Meralco Powergen Corporation (MGen), is allocating Php 15.9 billion for an investment in SP New Energy Corporation (SPNEC). This substantial investment contains a subscription...
In line with its long-term sustainability strategy, the Manila Electric Co. (MERALCO) will be investing approximately Php 18 billion to continue its shift toward a just, affordable, and orderly transition to clean...
The Manila Electric Company (MERALCO) is expecting substantial growth in its net income this year, propelled by its power generation business, as stated by Chairman Manuel V. Pangilinan. In a report by...
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...
The liquefied natural gas (LNG) projects of SMC Global Power Holdings — the power arm of San Miguel Corporation (SMC) — lead the list of over 15,000 megawatts (MW) in new power...
Four power generation companies (gencos) have expressed interest to bid for the Manila Electric Company’s (MERALCO) 70-megawatt (MW) 15-year supply contract from January 2022 to January 2037. The gencos, according to a...
The government and private sector synergize to address the growing need for reliable, stable and sustainable power supply amid a global pandemic and beyond. This will be highlighted as the Philippines hosts...
Militant groups are calling on the Manila Electric Company (MERALCO) to waive its rate hikes for August and September, saying that the power giant continues to rake in profits even amid the...
Manny V. Pangilinan-led Global Business Power Corporation (GBP) has begun construction works on its first solar power plant. Located inside the Philippine Communications Satellite Corporation’s (PHILCOMSAT) 135-hectare property in Baras, Rizal, the...
The Manila Electric Company (MERALCO) is planning to get 1,500 megawatts (MW) in renewable energy (RE) sources for its power needs in the next five years, as the power giant advances the...
