Author Archives: LM Staff
Top Philippine banks no longer keen on financing coal power plants
MANILA, Philippines — At least four top domestic banks have reiterated their policies of not...
Japan eyes next-gen solar power equivalent to 20 nuclear reactors
The Japanese government is planning to generate some 20 gigawatts of electricity, equivalent to the...
Meralco unit awaits DOE certification for coal plant projects
Singapore—Meralco PowerGen Corp. (Mgen), the power generation arm of the Manila Electric Co. (Meralco), said...
Meralco teams up with South Korean power utility for smart metering advancement
MANILA Electric Co. (Meralco) has partnered with South Korean power utility Korea Electric Power Corp....
ACEN infuses additional capital into unit Paddak
AYALA-LED ACEN Corp. is pouring additional investment into its subsidiary Paddak Energy Corp. worth a...
ACEN acquires 49% stake in Vietnam firm for $70.5 million
MANILA, Philippines — Ayala-led ACEN Corp. is further strengthening its footprint in Vietnam with the...
Ilocos Norte power rates remain stable with single-digit target
LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) is gifting consumers with an early...
Meralco pursuing 1,280-MW coal plants
SINGAPORE—Meralco PowerGen Corp., the power generation arm of Manila Electric Co. is in talks with...
Is investing in renewable energy a power move?
As the world grapples with the urgent need to combat climate change, renewable energy (RE)...
MGen to spend $2 billion for expansion
SINGAPORE — Meralco PowerGen Corp. (MGen), the generation arm of power giant Manila Electric Co....