MANILA – Department of Energy (DOE) Secretary Raphael Lotilla on Friday welcomed the 10-year extension of the Power Sector Assets and Liabilities Management (PSALM) Corp. for the domestic power sector.
Sindicatum C-Solar Power Inc. (SCSPI), a subsidiary of Singapore-based renewable energy firm Gurīn Energy Pte Ltd, has started building a $33 million solar photovoltaic power plant within New Clark City, with completion targeted by next year.
FIRST GEN Corp. is set to supply Sanyo Denki Philippines, Inc. with renewable energy (RE) to power the latter’s manufacturing facilities within the Subic Bay Freeport Zone in Zambales.
THE SHARE PRICE of Manila Electric Co. (Meralco) fell last week despite news that its energy sales grew on strong demand from residential and commercial sectors.
MANILA, Philippines — Power utility giant Manila Electric Co. remains dedicated to lowering power prices in its franchise area, which comprises Metro Manila and nearby provinces, Meralco chairman and CEO Manuel V. Pangilinan said yesterday.
PXP Energy Corp. on Thursday reported a higher core net loss in the first quarter of 2025, amounting to P9.2 million compared to P2.6 million in the same period last year.
AYALA-LED energy company ACEN Corp. said it plans to raise up to P30 billion through a stock rights offering (SRO) to pay off debt and fund its renewable energy (RE) projects.
Laguna Water and Laguna Aquatech (LARC), Manila Water non-east zone operating units in Laguna province, transitioned to the electricity Retail Aggregation Program (RAP), marking the first implementation of this initiative outside Metro Manila.
MERALCO PowerGen Corp. (MGen), the power generation unit of Manila Electric Co. (Meralco), said the Department of Energy (DoE) has recalled its previous approval that exempted the company’s 1,200-megawatt (MW) Atimonan coal-fired power projects from the 2020 coal moratorium.
Sanyo Denki Philippines Inc., a subsidiary of Japanese multinational firm Sanyo Denki Co. Ltd., tapped First Gen Corp. to supply 100-percent renewable energy (RE) to its manufacturing facilities at the Subic Bay Freeport Zone in Zambales.