In an effort to expand renewable energy (RE) integration, Ayala-led ACEN Renewable Energy Solutions (ACEN RES) is transitioning one of the Shangri-La properties in the country to full clean energy. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, the company said The St....
Toyota Aisin Philippines Inc. (TAP) has renewed its retail electricity supply agreement with MPower. Seen in the photo (L-R) are TAP Senior Managing Coordinator Yoshiaki Masuda, TAP Plant Facility Section Manager Florentino Castillo, TAP Deputy General Manager IN-DIRECT Armando Alilang, TAP Acting...
The local retail electricity supplier of Manila Electric Co. (Meralco) announced that it has upgraded its partnership with Mega Land and Megasoft Hygienic Products Inc. to deliver cost-competitive power supply. In a statement on Wednesday, March 19, MPower said it renewed its retail electricity...
Real estate firm DM Wenceslao Group (DMWAI) has secured power supply for its property development in Paranaque City from MPower, the local retail electricity supplier (RES) subsidiary of power utility giant Manila Electric Company. According to Meralco, the power supply agreement (PSA) signed by...
With RES, businesses can achieve significant savings on electricity costs, enhancing overall financial performance. Newsrooms typically race against time to break the latest stories and deliver attention-grabbing headlines to the public with seamless connectivity – hence, access to reliable and...
Industry newcomer Mabuhay Energy Corporation (MECO) is firming up the investment cost for its planned rollout of 200 megawatts of pure-renewable energy (RE) developments for implementation over several years. In an interview with Mabuhay Energy CEO Sherwin G. Hing, he indicated that the initial...
In upholding greater public interest and to spare consumers from unwarranted power service interruptions, the Energy Regulatory Commission (ERC) has issued amended rules allowing big-ticket customers to change retail electricity suppliers (RES) even if they still have unresolved dispute with their...
More than 11,000 residents of the California Garden Square (CGS) condominium in Mandaluyong City, are intensifying their call on the Energy Regulatory Commission (ERC) for immediate intervention to prevent disconnection of their electricity services. The urgent plea to the regulatory body followed...
The Energy Regulatory Commission (ERC) has issued cease and desist orders (CDOs) to retail electricity suppliers (RES) so they could be prevented from issuing disconnection notices to the big-ticket customers they serve. A parallel regulatory order has likewise been served to distribution utilities...
The Energy Regulatory Commission (ERC) has reported an increase in the average rate offer in the electricity retail market space at P4.05 per kilowatt hour (kWh) as of April this year; from a leaner average of P3.63 per kWh weighted average as of its monitoring report in 2021. The electricity...
COREnergy, which is the power retailing arm of listed firm Vivant Corporation, is targeting to sustain upturn in capacity sales to contestable customers next year and for it to log further demand growth beyond 2023. As indicated by Vivant President Emil Andre M. Garcia, “overall, the performance...
Lopez-led First Gen Corporation and Energy Development Corporation (EDC) have signed up at least 11 new customers for power supply agreements (PSAs) anchored on the Green Energy Option Program (GEOP) instituted by the government. First Gen-EDC's new customers include Asahi Electrical Manufacturing...
