TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
The solar and broadband solutions business units of Manila Electric Company (Meralco) have extended fusion of solar energy and internet connectivity services to the facilities of Mirax and Rima Corporations, real estate firms that have been advancing the development of green buildings. According to...
Senator Sherwin Gatchalian called on the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) to conduct an independent investigation on the validity of a joint venture company operating in Negros Island. Gatchalian, vice chairman of the Senate Committee on Energy, was...
The pass-on tariff of power utility giant Manila Electric Company (Meralco) will climb by a marginal P0.0229 per kWh in the March billing cycle, and that has been precipitated mainly by the ancillary services (AS) charges of the power system operator. The slight hike in charges will drive up...
Amid the power outages in Negros Occidental, the Central Negros Electric Cooperative’s problems (CENECO) can be addressed once the new power corporation takes over. Sen. Grace Poe presides over the Committee on Public Services hearing to discuss several measures seeking to provide accessible,...
Local retail electricity provider MPower will now supply renewable energy to the hotels, resorts, and real estate businesses of Alliance Global Group, Inc. (AGI). The unit of Manila Electric Co. (Meralco) said it has finalized an agreement to provide a combined total of 100 megawatts (MW) of...
The power investment arm of Manila Electric Company (Meralco) will corner the majority stake of more than 40-percent in the $3.3 billion integrated liquefied natural gas (LNG) project originally owned and developed by SMC Global Power Holdings Corp. (SMGP) of the San Miguel group. According to...
(Unsplash) The distribution and regulation sides of the Philippine power sector have expressed their backing of the economic Charter Change (Cha-cha) that's being pushed by the House of Representatives. In particular, resource persons from the Manila...
Power utility giant Manila Electric Company (Meralco) has beefed up its supply portfolio with additional 400-megawatt baseload power supply procurement from the Limay thermal power plant of SMC Global Power Holdings of the San Miguel group. The tariff for the new interim power supply agreement...
Extended weekends represent an opportunity for working families to relax, rejuvenate, and come together at home. However, this respite often comes with a trade-off: increased electricity usage and subsequently higher bills. In 2023, families were treated to multiple long weekends due to the...
The Manila Electric Co. (Meralco) has secured the best bid from Limay Power, Inc. (LPI) to meet its 400-megawatt (MW) power supply requirements. In a statement, Meralco said that two out of the three bidders that initially showed interest in the competitive selection process (CSP) have submitted...
The Manila Electric Co.’s (Meralco) net income posted a double-digit surge last year, fueled by the improved power generation and retail electricity operations, as well as an uptick in energy sales through its distribution utility (DU) business. Meralco, the largest power retailer in the country,...
