Lopez-led First Gen Corporation, via its subsidiary First Gas Power Corporation, is seeking approval from the Energy Regulatory Commission (ERC) for the extension of its power purchase agreement (PPA) with the Manila Electric Company (Meralco) covering its 1,000-megawatt Santa Rita gas-fired plant,...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making moves in the distribution utility (DU) and its generation business through an ongoing partnership with South Korea. In an ambush interview with Ronnie L. Aperocho, Meralco’s executive vice president and chief operating officer...
The race to expand the electric vehicle (EV) fleet is underway, with the Department of Energy (DOE) reporting that the number of commercial charging stations is nearing 1,000 nationwide. Throughout the month of May, there are about 992 commercial chargers registered with the DOE, while there are...
Businessman Manuel V. Pangilinan, chairman and chief executive officer of the country’s largest power distributor, Manila Electric Company (Meralco), hopes President Marcos will appoint a capable successor to outgoing Energy Secretary Raphael P.M. Lotilla. On the sidelines of Meralco’s Annual...
Manila Electric Company (Meralco) is awaiting the Department of Energy 's (DOE) approval to proceed with its planned competitive selection processes (CSPs) this year, which aim to procure power through transparent and cost-effective means. In an interview, Larry Fernandez, head of utility...
Consumers in Catanduanes will be forced to sweat through longer hours of rotational brownouts due to the ₱538 million worth of unpaid obligations of state-run National Power Corporation (NPC) to power supplier Sunwest Water and Electric Co. Inc. (SUWECO). SUWECO, which operates at least five...
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), aims to expand its liquefied natural gas (LNG) sourcing as its 2,500-megawatt (MW) gas facilities near full operation. In an ambush interview with MGen President and Chief Executive Officer (CEO) Emmanuel...
The Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) has expressed its support for the proposal to eliminate the multiple value-added tax (VAT) on electricity, which is expected to result in lower power rates for consumers. In a statement on Thursday, May 22, PHILRECA said the...
Vantage Energy, the affiliate retail electricity supplier (RES) of Manila Electric Company (Meralco), has announced its entry into the Mindanao market for the first time, facilitated through partnerships within the food manufacturing, processing, and distribution sector. In a statement on Tuesday,...
Meralco PowerGen Corp. (MGen) reported that its largest solar project in the world is set to make significant progress within the second half of the year. On the sidelines of Schneider Electric Philippines’ Innovation Day 2025 on Tuesday, May 20, MGen President and Chief Executive Officer (CEO)...
SP New Energy Corp. (SPNEC) reported a decline in its first-quarter net income for the year. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said its total net income during the first three months of 2025 slid to ₱12.4 million, which is a significant drop from its figure last year...
The solar subsidiary of Manila Electric Co. (Meralco) announced that it is set to power grocery chain Landers Superstore with solar energy. In a statement on Thursday, May 15, MSpectrum Inc. said it has partnered with Southeast Asia Retail Inc., the company that manages Landers. Under the...
