Manila Electric Company (Meralco) said it is working to restore electricity to customers affected by southwest monsoon (Habagat) rains and is continuing to monitor the weather situation.
S&P GLOBAL RATINGS has affirmed Manila Electric Co.’s (Meralco) credit rating at “BBB” and revised its outlook to “positive,” citing expectations of improved business integration and project execution in power generation.
MANILA – Publicly-listed renewable energy firm Alternergy Holdings Corporation on Tuesday expressed willingness to cooperate with any official review, including the investment of Government Service Insurance System (GSIS).
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), is set to develop a 49-megawatt (MW) battery energy storage system (BESS) in Toledo, Cebu, which is expected to be completed by 2027.
BATANGAS — Lopez-led economic zone (ecozone) developer First Philippine Industrial Park (FPIP) has joined the government’s Retail Aggregation Program (RAP) by tapping into the renewable energy (RE) supply from its sister firm, First Gen Corp.
MANILA – Privatization of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants will greatly benefit consumers, and supports the government’s bid to boost renewable energy sources.
The National Grid Corp. of the Philippines (NGCP) said Monday its transmission lines were unaffected by the passage of Severe Tropical Storm Crising.
FRESH RIVER LAKES CORP. (FRLC), the operator of the 165-megawatt (MW) Casecnan hydroelectric power plant (HEPP), has secured a P15-billion loan from major banks to support its operations and financial obligations, Lopez-led First Gen Corp. announced on Monday.
THE P1.45-billion investment by state-run Government Service Insurance System (GSIS) in Alternergy Holdings Corp. complied with the “rigorous requirements” of regulators, according to the latter’s financial advisor, Investment & Capital Corp. of the Philippines (ICCP).
The Department of Energy (DOE) is considering a stricter but more streamlined mechanism to reopen terminated service contracts for renewable energy (RE) projects