MANILA, Philippines — The country’s transmission network can still accommodate over 10,000 megawatts (MW) of capacity from new power plants, according to the National Grid Corp. of the Philippines.

Taiwan’s Giga Solar Materials Corp., one of the world’s top three suppliers of solar conductive pastes, said its renewable energy development subsidiary Whole Sun Green Power Co. Ltd. (Wholesun Energy) signed an agreement to collaborate with local firm Wyn Power Corp. to develop a 50-megawatt peak solar power project in Taysan, Batangas.

Citicore Energy REIT Corp. (CREIT) said Tuesday it will pay a fourth-quarter dividend of P0.055 per share, up from P0.054 a year earlier.

LISTED company Vivant Corp. reported an attributable net income of P2.4 billion for 2024, up 3% from the previous year, driven by growth in its energy business.

US firm Valar Atomics plans to build a “micro high temperature gas reactor” in partnership with the Philippine Nuclear Research Institute as a “proof of concept.”

MANILA, Philippines — Ayala-led ACEN Corp. has allocated P75 million to support the operations of a subsidiary providing technical services for project development.

MANILA ELECTRIC CO. (Meralco) is engaging with other foreign firms to explore small modular reactor (SMR) development after a feasibility study with a US company failed to progress, a company official said.

THE Manila Electric Co. (Meralco) has terminated its partnership with American nuclear firm Ultra Safe Nuclear Corp. (USNC) following a series of regulatory and financial setbacks that derailed the progress of their planned micro-modular reactor (MMR) project.

STATE-RUN Philippine National Oil Co. (PNOC) plans to develop an offshore wind (OSW) integration port to support power generation by 2028.

Manila Electric Co. (Meralco) is seeking new foreign partners for nuclear power projects after its agreement with U.S.-based Ultra Safe Nuclear Corp. (USNC) stalled, a senior executive said.