MPower to add more RE to portfolio
- May 10, 2023
The Manila Electric Co. (MERALCO), through its retail electricity supplier unit MPower, is set to add more renewable energy (RE) sources in its portfolio as part of its sustainability goal and support
The Manila Electric Co. (MERALCO), through its retail electricity supplier unit MPower, is set to add more renewable energy (RE) sources in its portfolio as part of its sustainability goal and support
Aboitiz Power Corporation President and CEO Emmanuel Rubio stressed the significance of conventional energy sources in ensuring a consistent energy supply in the short and long term. This is especially true during
PLDT Inc. and Smart Communications, Inc. are making strides in renewable energy by opting for geothermal power in seven of their Visayas facilities. PLDT and Smart have partnered with First Gen Corporation
NuScale Power Corporation, a nuclear energy company from the United States, has expressed its interest in investing in the Philippines. In a meeting with President Ferdinand Marcos Jr., the company committed to
The Department of Energy (DOE) looks to request “transition financing” from the United States, which will be directed toward enhancing the country’s climate resilience and promoting a greener energy infrastructure. In a
Aboitiz Power Corporation is eyeing Quezon Province as a viable location for its potential liquefied natural gas (LNG) projects to help meet the growing electricity demand in Luzon. In a report by
ENEX Energy Corp., via its investee firm Batangas Clean Energy (BCE), is interested in taking part in the competitive selection process (CSP) of power distributor Manila Electric Co. (MERALCO), for its combined
With the shift towards renewable energy taking a global turn, BloombergNEF sees that over 112 gigawatt-hours(GWh) of ESS will be available globally this year. Under the original Philippine Energy Plan, the Philippine
Yuchengco-led PetroEnergy Resources Corp. (PERC) is acquiring the stakes of EEI Power Corp. in three renewable energy (RE) firms for P2.69 billion. As disclosed in the Philippine Stock Exchange, PERC has signed
Manila Electric Co. (MERALCO) revealed that its earnings for the first quarter of 2023 increased due to an upsurge in energy costs and the contribution of its power generation section. In a