Monday, May 4, 2026
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Tag: power generation

DOE considers lifting coal ban to shield power supply from Middle East crisis

The Department of Energy is studying whether to lift a moratorium on new coal-fired power plants to protect the country's electricity supply from the...

Regulatory delays seen stalling power investments

Manila Electric Co. (Meralco) warned that power generation investments in the Philippines could stall over regulatory delays in approving the competitive selection process (CSP)...

Alsons Consolidated Resources credit rating raised to PRS Aa

Alsons Consolidated Resources Inc. (ACR), a Mindanao-based firm owned by the Alcantara Group, said it received a higher issuer credit rating of PRS Aa...

ACX3 Capital plans P196.8-billion San Miguel Bay offshore wind project

ACX3 Capital Holdings Inc., an affiliate of Singapore’s Nexif Ratch Energy Investments Pte. Ltd., is planning to build the 500-megawatt San Miguel Bay Wind...

Vivant’s 9-month core net income advanced 24%

Vivant Corp. said Monday said its consolidated core net income (CCNI) grew 24 percent to P1.9 billion in the first nine months of 2025,...

AboitizPower buys 25% stake in Vietnam coal plant for $220 million

Aboitiz Power Corp. said Thursday it will acquire a 25-percent equity stake in Vietnam's Van Phong Power Company Limited (VPCL) from Sumitomo Corp. for...

Meralco’s nine-month core profit rises 14% to P39.4 billion

Manila Electric Co. (Meralco) reported a 14-percent increase in consolidated core net income in the first nine months of 2025 to P39.4 billion from...

DOE boosts financial benefits for energy host communities fivefold

MANILA—The Philippines will implement a fivefold increase in financial benefits for communities that host power-generating facilities and energy resources effective January 2026 under a...

Philippines to exempt pioneer nuclear plant from bidding

The Department of Energy will exempt the first commercially developed and operated nuclear power plant (NPP) in the Philippines from the competitive selection process...

Meralco PowerGen eyes 1,500-MW Malaysia expansion

Meralco PowerGen Corp. (MGEN), the power generation arm of Manila Electric Co., is exploring opportunities to develop up to 1,500 megawatts (MW) of power...

First Gen plans Mindanao geothermal drilling

LOPEZ-LED First Gen Corp., through its subsidiary Energy Development Corp., plans to begin exploratory drilling next month at the Amacan geothermal field in Mindanao. The...

Vivant buys 40% stake in Bataan solar project

Vivant Energy Corp has acquired a 40% equity stake in the Samal Solar Renewable Energy Corp. and its 53.14=megawatt-peak (MWp) solar project in Bataan. The...

TeaM Energy completes turnover of Pagbilao coal plant

MANILA, Philippines—TeaM Energy Corp. said it has completed the handover of its 735-megawatt (MW) Pagbilao coal-fired thermal power plant to the Philippine government, which...

Meralco’s first-half core net income rose 10% to P25.5 billion

Manila Electric Co (Meralco) on Monday reported a 10-percent increase in its core net income in the first half of 2025 to P25.5 billion...
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