Author Archives: LM Staff

First Gen lowers 2025 capex to P35 billion

LOPEZ-LED First Gen Corp. is allocating a lower capital expenditure (capex) budget for next year...

Financial and community hurdles slow geothermal energy development in Indonesia and Philippines

JAKARTA, Indonesia—Providing round-the-clock energy, using minimal space and considered a clean source of power—geothermal energy...

House committee approves tax perks section of decarbonization measure

A HOUSE OF REPRESENTATIVES committee approved on Monday the tax incentive package contained in a...

Solar power systems result in savings for Bacolod city gov’t, 16 barangays

BACOLOD CITY – Solar power systems with a total of capacity of 1,340 kilowatts have...

ERC: EPIRA amendments could bring down power costs

MANILA, Philippines — The proposed changes to the Electric Power Industry Reform Act (EPIRA) could...

PHL-UAE energy deal taking effect in January

THE Department of Energy (DoE) said it and a United Arab Emirates (UAE) state-owned firm...

MGen plans to convert 2 stranded assets into gas-fired power plants

Meralco PowerGen Corp. (MGen) plans to convert its two stranded coal plants in Zambales and...

Filinvest-ENGIE to energize solar projects in Dec.

LOW-CARBON energy services provider ENGIE Services Philippines and its partner are set to energize two...

First Gen hydro unit secures P7-b financing from 3 banks

First Gen Hydro Power Corp. (FG Hydro), a subsidiary of First Gen Corp. (First Gen)...

Energy’s inspiring ‘lab patriots’

Energy might not be the life of the party, but for Einstein-in-the-making patriots, it’s the...