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Philippines
Wednesday, September 25, 2024

Energy

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

Alsons planning to launch ‘large-scale’ solar farm

Alsons Consolidated Resources of the Alcantara family will launch this year its...

PH asked to declare net zero commitment

The Net Zero Carbon Alliance (NZCA), a private sector-backed organization, asked the...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s approval for its power supply agreements (PSA) with San Miguel Corp.’s hydro arm San Roque Hydropower Inc. (SRHI) and ACEN Corp. unit Gigasol3 Inc. which it said would result in nearly P5 billion in savings to consumers. SRHI and Gigasol3 were declared the winning bidders during Meralco’s competitive selection process held early this year for the supply of...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Petron raises P16.8b from share sale on strong investor demand

Oil refiner Petron Corp. said Monday it raised P16.83 billion from its...

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NEA lends P846.7m to electric cooperatives

State-run National Electrification Administration (NEA) said over the weekend it extended P846.71 million worth of loans to 22 electric cooperatives as of end-August 2023. Data...

Napocor asks investors to join program promoting hybrid technologies

State-owned National Power Corp. is seeking investors in its accelerated hybridization project for the Small Power Utilities Group. Napocor met last week with 80 potential...

Meralco inspects electric posts, attached wires

Power retailer Manila Electric Co. said over the weekend it is inspecting electric posts and attached wires to ensure public safety. Meralco vice president and...

DOST unveils water disinfection system

The Department of Science and Technology Region 1 unveiled "SAFEWTRS: Emergency Disinfection System of Drinking Water" to provide safe drinking water in communities. Engr. Reynaldo...

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