Meralco PowerGen Corporation (MGEN), through its subsidiary Terra Solar Philippines Inc. (MTerra Solar), has sealed a PHP 150 billion financing agreement with six of the country’s top banking institutions to fund the...
In a historic move for the Philippines’ renewable energy landscape, MGEN Renewable Energy, Inc. (MGreen), a subsidiary of Meralco PowerGen Corporation (MGEN), has partnered with Actis, securing a USD 600 million investment...
Energy giants Manuel V. Pangilinan and Leandro Leviste are considering a new large-scale solar project as a supplementary initiative to their Php 200-billion Terra Solar development. In a Philippine Star report, Pangilinan...
SP New Energy Corporation (SPNEC) has begun with the development of the world’s largest solar project in Bulacan and Nueva Ecija, named Terra Solar. In a report by the Philippine Star, SPNEC...
The Manila Electric Company (MERALCO) is seeking new bidders to supply its franchise area with 1,030 megawatts (MW) of electricity after the Department of Energy (DOE) cleared the power giant to conduct...
The Manila Electric Company (MERALCO) has declared a failed bidding for 850 megawatts (MW) of renewable energy mid-merit supply due to the lack of competing bids. MERALCO’s Third-Party Bids and Awards Committee...
The construction of Solar Philippines Nueva Ecija Corporation’s (SPNEC) 500-megawatt (MW) “solar ranch” in Peñaranda, Nueva Ecija is ahead of its schedule, Solar Philippines founder and CEO Leandro Leviste said. “As far...
SMC Global Light and Power Corporation and SunAsia Energy, Inc. have challenged Terra Solar’s unsolicited offer to supply 850 megawatts (MW) of mid-merit power to the Manila Electric Company (MERALCO). According to...
Terra Solar, a renewable energy (RE) joint venture of Leandro Leviste’s Solar Philippines and Enrique Razon’s Prime Infrastructure Capital, Inc., has offered an unsolicited proposal to supply the Manila Electric Company (MERALCO)...
