Author Archives: LM Staff

NEA eyes 94% electrification by 2026 despite weather woes

State-run National Electrification Administration (NEA) is targeting a 94-percent nationwide electrification rate by the end...

Meralco, NPC to build largest microgrid

About 1,200 households and businesses on Cagbalete Island will soon gain access to reliable electricity...

REDC inaugurates P4-b Pulangi hydroplant in Bukidnon

Repower Energy Development Corp. (REDC) inaugurated its P4-billion Pulangi Hydropower Plant in Bukidnon, marking its...

First Gen to supply med center with RE

THE Capitol University Medical Center (CUMC) will be supplied by First Gen Corp. (First Gen)...

MAP, DOE sign 3-year plan to boost energy security

The Management Association of the Philippines (MAP) and the Department of Energy (DOE) signed a...

Citicore secures P3.975-b loan from BPI for 113-MW solar project

Citicore Renewable Energy Corp. (CREC) has secured a P3.975 billion project finance loan facility agreement...

Atimonan coal-fired power plant seeks anchor market

Atimonan One Energy Inc.’s 1,200-megawatt (MW) ultra-supercritical coal plant in Quezon province aims to secure...

Meralco unit explores offtake for 1,200-MW coal plant in Quezon

MERALCO POWERGEN Corp. (MGEN), the power generation arm of Manila Electric Co. (Meralco), is exploring...

PSALM receives 2 bids for Agus-Pulangi plant repair

The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) has received two unsolicited proposals...

ERC scrutinizes PSAs of energy firms, cooperatives

The Energy Regulatory Commission (ERC) said on Wednesday it has evaluated a number of power...