The Energy Regulatory Commission (ERC) has greenlighted additional capacity to the power supply agreement (PSA) between Manila Electric Co. (Meralco), led by Manuel V. Pangilinan, and San Miguel Corp. (SMC)-led South Premiere Power Corp. (SPPC). In a notice, the ERC said Meralco was granted...
Ronnie L. Aperocho, Meralco executive vice president and COO In line with the country’s nuclear energy push, Manila Electric Co. (Meralco) is looking for partners to develop small modular reactors (SMRs) in the Philippines. Ronnie L. Aperocho, executive vice president and chief operating...
Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears! Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
Meralco Vice President and Head of Corporate Communications, Joe R. Zaldarriaga, urged communications professionals to capitalize on their transformative power to leverage data and artificial intelligence (AI) with strong sense of responsibility and ethics in adopting to the fast-evolving industry...
The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson Monalisa Dimalanta on the sidelines of the Energy Efficiency Day 2025, she shared that SMGP had filed a...
MGen Renewable Energy Inc. (MGreen), through its subsidiary unit SP New Energy Corp. (SPNEC), announced that Singapore-based Actis Rubyred Pte. Ltd. has closed its investment stake in Terra Solar Philippines Inc. In a statement on Monday, March 17, Meralco PowerGen Corp. (MGen) reported that...
SP New Energy Corporation (SPNEC), a solar power producer controlled by Manila Electric Company (Meralco) through Meralco Power Gen Corporation (MGen), looking at developing another massive solar farm in Southern Luzon. In an interview, Meralco Chairman Manuel V. Pangilinan said SPNEC is putting up...
Meralco PowerGen Corp. (MGen) is exploring a potential backdoor listing for its renewable energy (RE) unit, MGen Renewable Energy Inc. (MGreen). In a disclosure to the Philippine Stock Exchange on Friday, March 14, SP New Energy Corporation (SPNEC), an Meralco group subsidiary, stated that MGen is...
The Energy Regulatory Commission (ERC) has ordered Manila Electric Co. (Meralco) to refund nearly ₱20 billion to its customers within a three-year period. In a notice posted on Thursday, March 13, the ERC announced that Meralco is set to refund a total of ₱19.95 billion, which are costs from...
Ahead of its scheduled completion, MGen Renewable Energy Inc. (MGreen), the renewable energy (RE) unit of Meralco PowerGen Corporation (MGen), announced the activation of its solar power plant in Isabela. In a statement on Wednesday, March 11, MGen said the 52.8-megawatt (MW) MGreen Cordon Solar...
Manila Electric Company (Meralco) announced that residents will see a ₱0.2639 per kilowatt-hour (kWh) increase in this month’s billing. In a statement on Tuesday, March 11, Meralco reported that the overall rate for a typical household would be raised from ₱12.0262/kWh to ₱12.2901/kWh....
STRATEGIC PARTNERSHIP TO ADVANCE ENERGY INNOVATION. Meralco inked a memorandum of understanding with KEPCO for capability building, knowledge exchange, and research and development in the energy sector. Seen in photo are (from left) Meralco Executive Vice President and Chief Operating Officer,...
