Author Archives: LM Staff

EDC unit, Sinar Mas subsidiary sign geothermal venture in Indonesia

FirstGen Geothermal Indonesia, a subsidiary of Lopez-led Energy Development Corp. (EDC), and PT DSSR Daya...

Corruption scandal not seen deterring energy investments

THE Department of Energy (DoE) said it expects energy investments to continue flowing even in...

PXP Energy eyes investments in producing oil fields as Galoc contract nears expiry

PANGILINAN-LED PXP Energy Corp. said it is exploring investments in new or near-ready producing oil...

AboitizPower to acquire 25% stake in Vietnam coal plant for P12.9B

ABOITIZ Power Corp. (AboitizPower) is set to acquire a 25% stake in Van Phong Power...

Meralco sees flat energy sales this year, eyes 2026 recovery

MANILA ELECTRIC CO. (Meralco) expects flat energy sales this year as milder weather curbs demand,...

Batangas forum backs Meralco-BATELEC II joint venture

A group of Batangas business and civic leaders has thrown its support behind the proposed...

DOE optimistic of hitting renewable energy targets

MANILA — The Philippine government is confident of still hitting its renewable energy (RE) target...

Philippines to conduct P600-million gradiometric survey to boost geothermal capacity

SINGAPORE—The Philippines’ Department of Energy (DOE) is planning to conduct a gradiometric survey to gather...

MGreen increases stake in SPNEC to nearly 70%

PANGILINAN-LED MGEN Renewable Energy, Inc. (MGreen) has gained greater control of solar developer SP New...

Maibarara Geothermal Cited by PEMC for Reliability and Compliance Excellence

The 32-megawatt (MW) Maibarara Geothermal Power Plant (MGPP) in Batangas has been recognized by the...