ILOILO CITY – A subsidiary of Meralco PowerGen Corp. (MGen) has launched a P17.3-million lighting system for a football field in this city. The Panay Energy Development Corp. (PEDC), a subsidiary of the MGen that operates coal-fired power plants in this city, inaugurated the lighting system of La...
Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co., is accelerating its low-carbon expansion, securing an engineering contract for its biggest solar farm in the country while advancing a hydrogen-ready gas power project in Singapore. In a statement on Friday, Oct. 24, MGen’s...
Instead of an initial public offering for its green energy businesses under MGen Renewable Energy Inc. (MGreen), Manila Electric Company (Meralco) is planning a re-IPO after all of its assets has been consolidated under SP New Energy Corporation (SPNEC). “We’re likely to inject our renewable...
ILOILO CITY – Meralco PowerGen Corp. (MGen) has opened its first energy center outside of Metro Manila in Iloilo to foster innovation in the energy sector of the Visayas. MGen Center for Innovation (MCI) was opened by MGen and Meralco Power Academy (MPA) at the facility of Panay Energy...
Meralco PowerGen Corp. (MGen) is exploring real estate investment trust (REIT) options to unlock more value from its renewable energy projects. MGen President and Chief Executive Officer Emmanuel Rubio said in an interview that a REIT—which allows companies to generate steady income from real...
Meralco 's power generation arm, Meralco PowerGen Corp. (MGen), is looking to expand into Malaysia, citing the country’s rising demand for power, particularly from the growing data center industry. MGen President and Chief Executive Officer Emmanuel Rubio stated in a media roundtable that...
The power generation arm of Manila Electric Co. (Meralco) has secured two engineering, procurement, and construction (EPC) deals to advance a new battery energy storage system (BESS) project in Toledo, Cebu. In a statement on Thursday, Meralco PowerGen Corp. (MGen) announced it has signed an EPC...
Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
Executives from Meralco PowerGen Corporation (MGEN) and ACWA Power paid a courtesy call on President Ferdinand R. Marcos Jr. at Malacañang Palace to present their joint strategy for advancing utility-scale renewable energy development in the Philippines. The visit follows the recent signing of a...
The power generation unit of Manila Electric Co. (Meralco) is constructing its second battery energy storage system (BESS) in the country. In a statement on Monday, July 22, Meralco PowerGen Corp. (MGen) said it will develop a 49-megawatt (MW) stand-alone battery energy storage system (BESS) in...
Meralco PowerGen Corporation (MGEN) has reaffirmed its commitment to inclusive development by supporting thirty-four (34) public schools across eleven (11) provinces in this year’s Brigada Eskwela campaign –the annual school maintenance program of the Department of Education (DepEd) which aims...
Young tycoon Leandro Legarda Leviste is raising a total of ₱34 billion from the divestment of his shares in solar producer SP New Energy Corporation (SPNEC) before assuming his new role as Congressman for the first district of Batangas in the House of Representatives on June 30, 2025. In a...
