Author Archives: LM Staff
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...
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...