Author Archives: LM Staff

Meralco to post ‘slightly higher’ sales

THE Manila Electric Co. (Meralco) may report “slightly higher” electricity sales during the first half...

Study recommends need to evaluate performance of ERC

Amid high power costs

ACEN infuses P875M into unit for land acquisition

AYALA-LED ACEN Corp. is infusing P875 million into its subsidiary, Buendia Christiana Holdings Corp. (BCHC),...

BDO backs ACEN’s wind power project

MANILA, Philippines — BDO Unibank Inc. is extending its full financial backing to ACEN Corp.’s...

Meralco says it upgraded Bulacan substation

MANILA ELECTRIC CO. (Meralco) said it has upgraded the power transformer bank at its Duhat...

DoE says power rates may drop below P0.50/kWh by 2050 with RE rollout

ELECTRICITY RATES may decline to below 50 centavos per kilowatt-hour (kWh) by 2050 as new...

RE auctions to bring down power prices

Electricity prices are seen to significantly go down once the Department of Energy completes the...

DOE names green energy auction winners; offshore wind next

The Department of Energy (DOE) has announced the winners of the third round of its...

ACEN, UPC break ground on 540-MW projects in India

AYALA-LED ACEN Corp. and Singapore-based UPC Renewables have started building two large renewable energy (RE)...

DOE exec sees rise in rooftop solar projects once ERC rules are out

MANILA – More households are expected to utilize renewable energy once the Energy Regulatory Commission...