Author Archives: LM Staff

Geothermal project of BGI secures nod of ERC

Bac-Man Geothermal Inc. (BGI) received the green light of the Energy Regulatory Commission (ERC) to...

‘Maharlika may invest as much as P8.5 billion in NGCP’

MANILA, Philippines — Maharlika Investment Corp. (MIC) may invest as much as P8.5 billion to...

ERC delays rural electrification funding over cost dispute

A disagreement over how much the government should pay to electrify remote areas in the...

‘Funding gaps hold back Philippines RE ambitions’

MANILA, Philippines — Persistent financing challenges remain a major hurdle in the country’s pursuit of...

Meralco must refund P100-B in overcharges before franchise renewal

MANILA – Senate Deputy Minority Leader Risa Hontiveros said Wednesday the Manila Electric Co. (Meralco)...

BSC: Report shows Batangas site suitable for wind power project

Basic Energy Corp. (BSC) said on Wednesday it has completed the Wind Resource Assessment (WRA)...

Solaris project to finish end-2025

A 62-megawatt peak (MWp) solar power project of Solaris Inc., an affiliate of Palm Concepcion...

Meralco seeks P75-B loan for JV with AboitizPower

PANGILINAN-LED Manila Electric Co. (Meralco) said it will borrow P75 billion from three major local...

SM Retail plugs into 100% renewable power with MPower

MPower, the retail electricity arm of Manila Electric Company (Meralco), will provide 100 percent renewable...

Senate passes bill giving PSALM five more years of corporate life

THE SENATE approved on third and final reading on Monday a bill extending the corporate...