MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.
The Energy Regulatory Commission (ERC) has approved the National Grid Corp. of the Philippines’ (NGCP) Batangas-Mindoro 500-kilovolt Interconnection and Backbone Project (BMIBP), which is estimated to cost around P90 billion.
Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co., is strengthening its presence in Singapore, as it is set to finalize financing this week for its 670-megawatt (MW) gas plant on Jurong Island.
BAGUIO CITY – The Benguet Electric Cooperative expects to restore power to its final two barangays by early December after Typhoon Uwan caused PHP21 million in damage, officials said Thursday (Nov. 27, 2025).
TACLOBAN CITY – The city government of Calbayog in Samar said it is opposing the installation of wind turbines within the Calbayog Pan-as Hayiban Protected Landscape (CPHPL), citing its negative impact on the city’s water supply.
The Department of Energy (DOE) said Thursday some 956 megawatts (MW) of new power generation capacity and 160 MW of new energy storage systems (ESS) were added in Luzon and Visayas, effective Nov. 27, 2025.
RENEWABLE ENERGY developer Raslag Corp. and Singapore-based Verdant Philippines Alpha Pte. Ltd. are poised to finalize a joint venture (JV) to acquire a controlling stake in PHESI Holdings Corp., following approval from the Philippine Competition Commission (PCC).
MANILA ELECTRIC CO. (Meralco) will retire the remaining P2.87 billion of its P7-billion 12-year bonds next month, it said in a stock exchange filing on Thursday.
MANILA, Philippines — The Philippines holds around $3.9 trillion in hydropower potential, which, according to industry experts, would not only boost electricity supply but also curb worsening floods and enhance farm productivity.
Listed renewable energy firm Repower Energy Development Corp. (REDC) has begun testing and commissioning its first hydropower plant in Mindanao, marking a major milestone in its expansion.