Category Archives: News

Citicore secures P3.975-b loan from BPI for 113-MW solar project

Citicore Renewable Energy Corp. (CREC) has secured a P3.975 billion project finance loan facility agreement...

Atimonan coal-fired power plant seeks anchor market

Atimonan One Energy Inc.’s 1,200-megawatt (MW) ultra-supercritical coal plant in Quezon province aims to secure...

Meralco unit explores offtake for 1,200-MW coal plant in Quezon

MERALCO POWERGEN Corp. (MGEN), the power generation arm of Manila Electric Co. (Meralco), is exploring...

PSALM receives 2 bids for Agus-Pulangi plant repair

The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) has received two unsolicited proposals...

ERC scrutinizes PSAs of energy firms, cooperatives

The Energy Regulatory Commission (ERC) said on Wednesday it has evaluated a number of power...

DOE exec cites consumer empowerment’s role on energy transition

MANILA – An official of the Department of Energy (DOE) on Wednesday underscored the importance...

Ateneo shifts to renewable power

Ateneo de Manila University has taken a major step toward cleaner and more sustainable operations,...

Marcos cuts 2025 property taxes for power producers to avert fiscal, energy risks

PHILIPPINE President Ferdinand R. Marcos, Jr. ordered a reduction of real property taxes on independent...

MPower to energize Aseana City properties

MPOWER, the retail electricity supplier of Manila Electric Co. (Meralco), is expanding its partnership with...

Repower acquires 95% stake in Bukidnon hydropower project

RENEWABLE ENERGY developer Repower Energy Development Corp. is expanding its hydropower portfolio with the acquisition...