MERALCO to source 1,500MW from RE in 5 years
- May 26, 2021
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...
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...
Energy Development Corporation (EDC) will continue to develop geothermal projects overseas despite the delays it encountered due to the COVID-19 pandemic. The Lopez-led firm said that it is still keen on tapping...
AC Energy (ACEN) announced that it has signed an agreement with Pacific Synergy, a fast moving consumer goods company, to provide its Laguna plant facility with 100% renewable energy during peak hours. Pacific...
The guidelines for the Department of Energy’s (DOE) Green Energy Auction Program (GEAP) will be issued next month, though the actual bidding for renewable energy (RE) capacity installations will probably begin in...
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
AC Energy (ACEN) will be temporarily slowing down on its renewable energy (RE) venture in Myanmar, amid the worsening situation in the country. In a Manila Bulletin report, AC Energy President and...
Aboitiz Power Corporation has begun developing its 74-megawatt Cayanga-Bugallon solar power project in Pangasinan, its first venture for the year, after securing board approval. AboitizPower President and CEO Emmanuel Rubio said the...
AC Energy has announced that it will begin construction of the 160-megawatt (MW) Balaoi & Caunayan wind farm in Pagudpud, Ilocos Norte — the Philippines’ biggest wind energy project to date. Once...
Lopez-led Energy Development Corp. (EDC) said it recorded a Php9.85 billion in recurring net income attributable to equity holders of the parent in 2020 despite a significant reduction in electricity demand due...
The Department of Energy (DOE) has endorsed eight more projects to the National Grid Corporation of the Philippines (NGCP) for it to undertake system impact studies (SIS), bringing the total to 24...