Buoyed by the strong financial showing of its power generation business portfolio, the consolidated core net income of power utility giant Manila Electric Company (Meralco) had surged 53-percent to P30.023 billion in this year’s nine-month period versus P19.605 billion within a comparative period...
Electric distribution utility Manila Electric Co. (Meralco) announced power interruptions in Batangas, Caloocan, Cavite, Laguna, Manila, Muntinlupa, and Pasay. In a post made by the electric company, the seven cities and province will start their maintenance schedule on Monday, Nov. 6 to Wednesday,...
The Manila Electric Co. (Meralco) said it will hold a competitive bidding for 1,800 megawatts of power supply next year after the Energy Regulatory Commission (ERC) approved the termination of its power supply deal with San Miguel's power generation unit. In a statement on Thursday, Nov. 2, Meralco...
The renewable energy-based capacity contracting of Manila Electric Company (Meralco) which now hovers at 1,800 megawatts had so far exceeded its initial target of 1,500 megawatts. Its ramped up capacity of clean energy procurements, according to Meralco Vice President and Chief Sustainability...
There are more electrified vehicles in the pipeline for Chery Auto Philippines. The brand gave a sneak preview of some of these future models during the Philippine Electric Vehicle Summit (PEVS) 2023 held at the SMX Convention Center last week. These vehicles were two fully-electric vehicles (EV)...
President Marcos tasked government agencies to prepare for the "eventual manufacture" of electric vehicles in the country. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting in Malacañang on Oct. 24, 2023. (Photo courtesy of PPA Pool/KJ Rosales) Marcos,...
Razon-led MORE Electric and Power Corp. (MORE Power), the power distribution utility in Iloilo City, plans to increase renewable energy (RE) to balance its usage with fossil fuel generation. Roel Castro, MORE Power president and chief executive officer said explained the possibility of utilizing...
Nissan showcases how its LEAF EV can use its batteries to power other devices in times of calamity. Thinking of making the switch to electric? You’re not alone. More car buyers in the Philippines are getting convinced to make the switch to electrified vehicles. Based on data from Statista, 1,013...
The power distribution utility, headed by tycoon Enrique Razon Jr., has significantly contributed to the economic development of Iloilo, an economist claimed. At the Iloilo Business Summit on Thursday, Oct. 19, Winston Conrad Padojinog, Unviersity of Asia and the Pacific economist highlighted MORE...
The government is enthusiastically eyeing to massively shift gears into electric mobility by mid-century, but the road ahead for the Philippine transport sector is still navigating wobbly terrains on some policies as well as speed bumps on infrastructure development and supply chains, primarily...
President Marcos believes that the shift to electric vehicle is a sensible step given the volatility of oil products in the world market. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos made the statement as he led the launching of Dongfeng Motors in the country on Monday, Oct. 16....
SP New Energy Corporation (SPNEC) is planning a follow-on offering to raise additional capital as well as to increase its public float specially after this will be further reduced once MGen Renewable Energy Inc. (MGreen) comes in as its new controlling shareholder. In a disclosure to the Philippine...
