First Gen Corp. said it is moving toward a “strategic transformation” by shifting its focus from natural gas to renewable energy, its top executive said.
Manila Electric Co. (Meralco) announced over the weekend it is investing heavily to upgrade its distribution network to enable the seamless integration of renewable energy for a smarter, safer power grid.
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making moves in the distribution utility (DU) and its generation business through an ongoing partnership with South Korea.
LOPEZ-LED holding company First Philippine Holdings Corp. (FPH) has allocated a P57-billion capital expenditure (capex) budget for 2025 to drive the expansion of its renewable energy and real estate segments.
RAZON-LED Prime Infrastructure Capital, Inc. (Prime Infra) is acquiring a 60% equity stake in Lopez-led First Gen Corp.’s gas business for P50 billion, a development that analysts said is likely to spur competition among gas players and encourage additional investments in the energy sector.
FEWER Filipino households are using renewable energy sources, at least proportionally, compared to over a decade ago, the latest data from the Philippine Statistics Authority (PSA) showed.
MSPECTRUM, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has energized DHL Supply Chain’s training center in Sta. Rosa, Laguna with a 120-kilowatt-peak solar rooftop system.
ACEN Renewable Energy Solutions (ACEN RES), the retail electricity supply arm of ACEN, the Ayala group’s listed energy platform, has been honored with the prestigious Renewable Energy Markets™ (REM) Asia Award. This annual award celebrates the outstanding achievements of organizations driving renewable energy adoption across Asia.
ABOITIZ POWER Corp. (AboitizPower) plans to expand the application of artificial intelligence (AI) and data analytics to its coal-fired power plants in Luzon and the Visayas to help ensure plant availability and reliability.
Lopez-led First Gen Corp. has proposed five regulatory policies and market mechanisms to make power investments more attractive and investor-friendly.