MANILA, Philippines — At least four top domestic banks have reiterated their policies of not supporting additional coal plants in the country.

The Japanese government is planning to generate some 20 gigawatts of electricity, equivalent to the output of 20 nuclear reactors, through thin and bendable perovskite solar cells in fiscal 2040.

Singapore—Meralco PowerGen Corp. (Mgen), the power generation arm of the Manila Electric Co. (Meralco), said on Wednesday it awaits a certification from the Department of Energy (DOE) for its coal power plant projects that are not covered by the 2020 moratorium on new facilities.

MANILA Electric Co. (Meralco) has partnered with South Korean power utility Korea Electric Power Corp. (KEPCO) and its Knowledge Data Network (KDN) to advance the use of “smart metering” technologies.

AYALA-LED ACEN Corp. is pouring additional investment into its subsidiary Paddak Energy Corp. worth a total of P12 million to provide technical and maintenance services to its local operations.

MANILA, Philippines — Ayala-led ACEN Corp. is further strengthening its footprint in Vietnam with the acquisition of a significant interest in renewable energy (RE) firm BIM Energy Holding Corp. for $70.5 million.

LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) is gifting consumers with an early Christmas present as it announced stable power rates this December.

SINGAPORE—Meralco PowerGen Corp., the power generation arm of Manila Electric Co. is in talks with engineering, procurement and construction (EPC) contractors for its coal plant expansion in Quezon province and Toledo City, Cebu with a combined capacity of 1,280 megawatts to help boost the country’s baseload power requirement..

As the world grapples with the urgent need to combat climate change, renewable energy (RE) investments have become a critical focus for many countries. Currently, the RE share in the Philippines’ power generation mix is at 22%. By 2030, the Philippines targets an RE share of 35%, 50% by 2040, and more than 50% by…

SINGAPORE — Meralco PowerGen Corp. (MGen), the generation arm of power giant Manila Electric Co. (Meralco), has estimated a capital outlay of at least $2 billion to develop two coal-fired power facilities in Cebu and Quezon.