French multinational giant Schneider Electric is intensifying its pitch on the use of green energy as well as other sustainable solutions to support the operations of flourishing data centers in the Philippines. Underpinned by its offer of energy management solutions and digital automation...
The Energy Regulatory Commission (ERC) is requiring power utility giant Manila Electric Company (Meralco) to file a formal application for the pass-on of fuel charges that shall be reckoned from the new gas sale and purchase agreement (GSPA) that First Gen Corporation had signed with the Malampaya...
Power utility giant Manila Electric Company (Meralco) will refund the ‘generation charge overbilling’ that it has passed on in the February electric bills that had been invoiced by its power suppliers feeding on liquefied natural gas (LNG) as well as components of capacity generated from the...
The Energy Regulatory Commission (ERC) has clearly stipulated that clearance shall be secured first before Manila Electric Company (Meralco) can pass on costs relating to procured supply from plants running on liquefied natural gas (LNG) – and that is primarily applied to its contracted...
Cleansing from misdeeds as well as review of categorization of the country’s more than 120 electric cooperatives (ECs) are being pushed following reports of less-than-desired operational outcomes of these power utilities. The call was put forward by Senate Committee on Energy Vice Chairman...
Summer is always associated with having high energy for much-awaited adventures and leisurely basking in the sun, but what’s lurking in the dark is the sting of skyrocketing electric bills as well as discontent of ‘tight power supply blues’ that could descend into worse scenarios of service...
MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Company (Meralco), has bought an additional 2.17 billion shares in SP New Energy Corporation (SPNEC) from Solar Philippines Power Project Holdings Inc. for P2.5 billion. In a disclosure to the Philippine Stock Exchange (PSE), SPNEC said...
Roughly 8.0 million customers of Manila Electric Company (Meralco) will live through financial torment when they receive their February bills, as the overall rate of the country’s biggest power utility will rise by P0.5738 per kWh. On account of that, Meralco announced that the all-inclusive...
Miescor Infrastructure Development Corporation (MIDC), which is an affiliate company of Manila Electric Company (Meralco), is firming up a joint venture (JV) deal with Phil-Tower Consortium Inc. (PhilTower) for investment rollout of 4G and 5G mobile infrastructure in the telecommunications...
The household budgets of customers served by power utility giant Manila Electric Company (Meralco) will be stretched thin this February, because the all-inclusive electricity rate to be passed on by the giant utility firm is anticipated to increase in this billing cycle. According to Meralco Vice...
BPI President and CEO TG Limcaoco and GET President Freddie Tinga (center) launched the electric vehicle service for BPI employees. With them are (from left): Severino Sumulong, GET Director of Legal Services; Frankie Endriga, GET Chief Operating Officer; Anthony Dy, GET Managing Director; Jaime...
BYD is once again the global new energy vehicle sales champion, exceeding its target of 3-million vehicles sold in 2023. This is the second year in a row that BYD has led worldwide electric vehicle sales. 2023 also saw BYD register in the Top 10 of all automotive sales for the year while continuing...
