First Gen Corp. said Monday its recurring net income attributable to the parent company declined 17.4 percent in the first nine months of 2024 to $205.5 million from $248.8 million in the same period last year on lower contribution from its geothermal, wind and solar (GWS) platforms.

The Manila Electric Company (Meralco) said it is prepared to address potential power disruptions caused by Typhoon Nika and has mobilized its workforce to ensure prompt customer support.

CEBU CITY – The National Grid Corporation of the Philippines (NGCP) has warned consumers of power outages in some parts of Cebu province from Nov. 25 to Dec. 1 due to maintenance activities.

The Energy Regulatory Commission (ERC) approved a draft final determination indicating a total maximum allowable revenue of P310 billion to transmission operator National Grid Corp. of the Philippines (NGCP) for 2016 to 2022, lower than its P552-billion application.

THINK TANK InfraWatch PH called on the Energy Regulatory Commission (ERC) to act immediately on a long-overdue decision on Manila Electric Co.’s (Meralco) fifth regulatory reset.

The Department of Energy is set to endorse to the Office of the President the approval of the first country’s first hydrogen service contracts for exploration and development.

MANILA, Philippines — An electric cooperative co-managed by tycoon Manuel V. Pangilinan’s Manila Electric Co. (Meralco) is now operating its first mobile substation in Mabalacat City, Pampanga.

MANILA, Philippines — The Philippines and Saudi Arabia are set to develop a roadmap implementing their recently signed energy cooperation agreement that is expected to be finalized early next year.

MANILA, Philippines — Manila Electric Co.’s (Meralco) purchase of emergency power supply during the summer season has resulted in about P10.7 billion in cost savings for its eight million customers.

WM SHOPPING CENTER Management, Inc., the developer of WalterMart malls, has partnered with First Gen Corp. for solar power projects in Luzon.