MGen Renewable Energy Inc. (MGreen), the renewable energy unit of Meralco PowerGen Corporation (MGen), has energized its 19.8-megawatt alternating current (MWac) solar power plant in Bongabon, Nueva Ecija. Inaugurated on Tuesday, Feb. 18, the plant is expected to supply power to at least 20,000...
Singapore-based renewable energy (RE) firm Gurin Energy has completed its first operational green project in Zambales province. In a statement on Wednesday, Feb. 19, Gurin Energy said the 75-megawatt (MW) Palauig solar plant has begun commercial operations under its subsidiary Shizen Inc. ...
Citicore Renewable Energy Corp. (CREC) is selling a portion of its shares to PT Pertamina Power Indonesia (PNRE) to fund its renewable energy (RE) projects in the Philippines and Indonesia. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 31, CREC announced that Citicore Power...
ILOILO CITY – A deal has been inked for the construction of a solar power plant project in northern Iloilo province. Joy~Nostalg Solaris Inc. (Solaris) recently signed an engineering, procurement, and construction (EPC) contract with China Energy Engineering Group Northeast No. 1 Electric...
After this week’s first Commission meeting under Officer-in-Charge Chairperson and CEO Jesse Hermogenes Andres, the Energy Regulatory Commission (ERC) has agreed to expedite approvals of the certificates of compliance (COCs) or the licenses needed by new power plants to start generating...
Lopez-led First Gen Corporation will supply geothermal-generated electricity to global cement firm Holcim for the operation of its manufacturing plants in Mindanao. That green power supply draw will be a key component of the latter’s decarbonization journey. In the power supply agreement (PSA)...
Power utility giant Manila Electric Company (Meralco) is extending its investment interest to other nuclear technologies like small modular reactors (SMR) and conventional nuclear fleets – and that could include the planned repowering of the idled Bataan Nuclear Power Plant (BNPP) if the...
The government is planning to update nuclear agreements with at least five countries in accordance with the nuclear renaissance pathway, as fleshed out in the newly crafted 2024-2050 Philippine Nuclear Energy Program. The updating of multilateral and bilateral nuclear covenants, according to...
Because of a newly energized battery energy storage system (BESS), renewable power firm Alternergy Holdings Corp. was able to beef up its financial revenues for the fiscal year 2024. Alternergy’s revenues as of March 2024 were boosted by 44 percent to P182.5 billion due to the Palau Solar BESS...
The Philippine Nuclear Research Institute (PNRI), on Tuesday, May 7, said nuclear energy sources can help prevent energy shortages in the Philippines due to its "capacity factor" and "energy density." Photo from Pixabay In a PTV interview, PNRI Executive Director Carlo Arcilla said nuclear power...
The Philippine subsidiary of Japanese electronic giant Murata Inc. has renewed its power supply agreement (PSA) with Lopez-led First Gen Corporation for the provision of electricity services at its manufacturing facility in Batangas. First Gen emphasized that the supply to be delivered to...
The Department of Finance (DOF) is open to consider the proposal to reevaluate the possibility of reactivating the mothballed Bataan Nuclear Power Plant (BNPP). In an effort to address the high electricity costs in the country, Finance Secretary Ralph G. Recto said the planned third-party...
