ACEN Corp., the listed energy company of the Ayala Group, announced its acquisition of a 25 percent stake in Copenhagen Infrastructure Partners’ (CIP) Growth Markets Fund II proposed offshore wind project in Camarines Sur with an estimated capacity of 1,000 megawatts.

MANILA, Philippines — Industry giant Manila Electric Co. (Meralco) intends to deploy at least 11 million smart meters within the next decade, a move expected to benefit power users within its franchise area.

MANILA, Philippines — The National Electrification Administration (NEA) has filed complaints against officials from several electric cooperatives (ECs) over alleged mismanagement and various anomalies.

MANILA, Philippines — The country’s ambitious goal to energize homes with nuclear power is likely to gain further momentum following a major leadership change at the Department of Energy (DOE).

POWER industry stakeholders have expressed their support for outgoing energy secretary Raphael Lotilla and are optimistic that there will be continuity and completion of agency’s plans and programs.

MANILA ELECTRIC Co. (Meralco) said it is exploring measures to lower the cost of smart meters under its advanced metering infrastructure (AMI) program, which aims to cover its eight million customers within its franchise area.

Private electric distribution utilities led by businessman Enrique Razon, Jr. continue to offer the most competitive electricity rates in the Visayas region.

The Department of Energy (DOE) has started preparations for the conduct of the 3rd Round of the competitive selection process (CSP) for the selection of microgrid system providers (MGSPs) for the initially identified 71 lots covering 167 unserved and underserved areas.

POWER DISTRIBUTOR MANILA Electric Co. (Meralco) said it is awaiting the issuance of certifications from the Department of Energy (DoE) to proceed with its bidding processes to procure a total of 800 megawatts (MW) of electricity.

Businessman Manuel V. Pangilinan, chairman and chief executive officer of the country’s largest power distributor, Manila Electric Company (Meralco), hopes President Marcos will appoint a capable successor to outgoing Energy Secretary Raphael P.M. Lotilla.