THE Wholesale Electricity Spot Market (WESM) has recorded anew “negative” average prices across all three grids in April, according to the Energy Regulatory Commission (ERC).

Manila Electric Co. expects artificial intelligence (AI) to play a crucial role in the transformation of its distribution network.

LISTED renewable energy developer Raslag Corp. has entered into a power supply agreement (PSA) with Pampanga I Electric Cooperative, Inc. (PELCO I) to provide 15 megawatts (MW) of electricity for 10 years.

Power retailer Manila Electric Co. has completed three substation projects in the first quarter with investments of around P684 million to improve its electricity distribution system and ensure safe, stable and reliable electricity service to its customers.

LISTED conglomerate Aboitiz Equity Ventures, Inc. (AEV) posted a 35% drop in first-quarter (Q1) net income to P3.2 billion from P4.9 billion a year ago due to weaker contributions across its business units.

The Manila Electric Co. (Meralco), the country’s largest power distribution firm, has expressed interest in serving the customers of Batangas’ two largest electric cooperatives (ECs).

Power retailer Manila Electric Co. expressed interest to help bring stable and reliable electricity to Batangas province after a recent survey revealed growing dissatisfaction among residents over the unreliable electricity service provided by the local electric cooperative.

MANILA ELECTRIC CO. (Meralco) spent a total of P683.74 million in the first quarter (Q1) for the upgrade and development of three substations to help meet growing power requirements in its service areas, the power distributor said on Wednesday.

MANILA Electric Co. (Meralco) will launch a series of competitive selection processes (CSPs) this year to secure over 2,100 megawatts (MW), or 2.1 gigawatts (GW), of capacity under its long-term supply procurement plan covering 2026 to 2046.

MANILA, Philippines — Ayala-led ACEN Corp. is on the lookout for potential strategic and technical partners to anchor its bold push into the offshore wind space.