Author Archives: LM Staff

AboitizPower to acquire 25% stake in Vietnam coal plant for P12.9B

ABOITIZ Power Corp. (AboitizPower) is set to acquire a 25% stake in Van Phong Power...

Meralco sees flat energy sales this year, eyes 2026 recovery

MANILA ELECTRIC CO. (Meralco) expects flat energy sales this year as milder weather curbs demand,...

Batangas forum backs Meralco-BATELEC II joint venture

A group of Batangas business and civic leaders has thrown its support behind the proposed...

DOE optimistic of hitting renewable energy targets

MANILA — The Philippine government is confident of still hitting its renewable energy (RE) target...

Philippines to conduct P600-million gradiometric survey to boost geothermal capacity

SINGAPORE—The Philippines’ Department of Energy (DOE) is planning to conduct a gradiometric survey to gather...

MGreen increases stake in SPNEC to nearly 70%

PANGILINAN-LED MGEN Renewable Energy, Inc. (MGreen) has gained greater control of solar developer SP New...

Maibarara Geothermal Cited by PEMC for Reliability and Compliance Excellence

The 32-megawatt (MW) Maibarara Geothermal Power Plant (MGPP) in Batangas has been recognized by the...

ERC inspects ACEN’s San Lorenzo Wind Farm in Guimaras

The Energy Regulatory Commission (ERC) conducted a technical inspection of the 54-megawatt (MW) San Lorenzo...

PSALM counts on CBK sale, Agus-Pulangi concession to wipe out obligations

STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) said it is optimistic about bringing...

Yuchengco, Japan firm link P1.9 billion solar farm to grid

MANILA, Philippines — Yuchengco-led Rizal Green Energy Corp. (RGEC) has completed the grid integration of...