The Araneta Group has renewed its power supply agreement with MPower, the retail electricity supplier of Manila Electric Company (Meralco), reinforcing a partnership that supports the continued expansion of commercial and hospitality...
The Energy Regulatory Commission (ERC) has approved Manila Electric Co. (Meralco) to use the full 1,200-megawatt (MW) capacity of the Ilijan natural gas plant in Batangas under its deal with San Miguel-led...
After a mid-year spike driven by higher coal prices and power outages, electricity rates in most parts of the country settled lower by Q4 2024, continuing a downward trajectory observed since 2023....
Manila Electric Company (MERALCO) reaffirmed its preparedness to manage the heightened electricity demand brought on by the onset of the dry season or summer. The distribution company also urged increased involvement in...
MPower, Manila Electric Company’s (MERALCO) retail electricity supplier, has renewed its retail supply agreement with Pioneer Highlands South Condominium Corporation (PHSCC). PHSCC, the management entity of Pioneer Highlands South Condominium in Mandaluyong...
Alsons Consolidated Resources (ACR), the publicly traded company of the Alcantara Group in Mindanao, has witnessed a 22% surge in its net income for 2023, climbing to Php 2.285 billion in 2023...
Manila Electric Company (MERALCO) announced that 105 companies have expressed their commitment to participating in the interruptible load program (ILP), collectively contributing a total capacity of 530.10 megawatts. MERALCO Vice President and...
To showcase the benefits of digitalization in its network, Manila Electric Co. (MERALCO) is set to roll out 5,000 smart meters across its franchise area after initially rolling out prepaid smart meters....
Aboitiz Power Corp. has sealed a power supply agreement (PSA) in partnership with Nexif Ratch Investments Pte. Ltd. (Nexif Ratch) as a response to the demands of customers who might want to...
The country’s energy sector would have to quickly grow to support the goal of ending poverty and becoming a prosperous middle-class society by 2040, the World Bank said. In its latest report,...
