Chinese firm SUMEC Complete Equipment and Engineering Co. Ltd. had been engaged by MGen Renewable Energy, Inc. (MGreen), a renewable energy investment unit under the Manila Electric Company (Meralco) group, as the engineering procurement and construction (EPC) contractor for its two solar projects...
Paragon Vertical Corporation, which is a subsidiary of e-Meralco Ventures Inc. (EMVI) of the Manila Electric Company (Meralco) group, is planning equity sell-down for 34.9-percent of its equity to affiliate Philippine Long Distance Telephone Co. (PLDT), the country’s telecom giant which is also...
Via its partnership with the National Engineering Center of the University of the Philippines (UP-NEC), the National Electrification Administration (NEA) will fortify the competencies of the electric cooperatives (ECs) on matters relating to operational planning as well as in managing financial...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...
BEIJING, China (AFP) -- Chinese electric vehicle giant BYD, the world leader in the sector, said its net profits soared in 2023, and expects the final figure to hit a new record, according to preliminary results released Monday. The group said in an earnings preview that it expects net profit for...
President Marcos has welcomed the offer of VinGroup Company of Vietnam in investing in the Philippines particularly in electric vehicle (EV) battery production, which he said is timely because the country is currently modernizing its public transportation. President Ferdinand 'Bongbong'...
President Marcos announced on Monday, Jan. 29, that Vietnam’s largest private company has interests to bring its electric vehicles (EVs) and battery-manufacturing facility to the Philippines. President Ferdinand 'Bongbong' Marcos Jr. speaks before the Filipino community in Vietnam on Monday, Jan....
YOKOHAMA, Japan – Car maker Nissan Motor Corporation is expecting rollout of electric vehicles (EVs) in the Philippines to come with a relatively moderate growth of 5.0 to 10% in the next 5 to 10 years, as the country is still on its infrastructure buildout pace and policies are still at...
TOKYO, Japan – The Department of Energy (DOE) is in talks with the Department of Transportation (DOTr) on the inclusion of electric vehicles (EVs) in the country’s public utility vehicle (PUV) modernization program. In an interview with reporters here, DOE Director Patrick Aquino noted there is...
(Meralco logo) A ranking congressman is seeking the grant of a new 25-year franchise to power distribution giant the Manila Electric Company (Meralco). Albay 2nd district Rep. Joey Salceda filed for this purpose House Bill (HB) No.9793, which...
Since the onset of the pandemic, the government has attempted to promote new modes of transportation to provide the public with a safer way to get to work. Public transportation may have been the default mode of transport for many before the pandemic, but the risk of spreading or contracting the...
The offer of San Miguel Global Power Holdings subsidiary South Premiere Power Corporation (SPPC) had been declared as the ‘best bid’ in the 1,200-megawatt capacity procurement of Manila Electric Company (Meralco) for a supply portfolio that will partly satiate its requirements during the El...
