Friday, May 1, 2026
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Tag: Solar Philippines

DOE in talks with DOJ, OSG to collect P24b from Leviste’s firm

The Department of Energy is in talks with the Department of Justice and the Office of the Solicitor General to collect an estimated P24...

Palace questions motive behind Leviste’s complaint

Malacañang on Friday questioned the motive behind a complaint reportedly filed against her by a neophyte lawmaker, saying the move appears to silence her...

Garin denies politics in cancellation of Leviste energy contracts

Energy Secretary Sharon Garin defended the Department of Energy’s (DOE) cancellation of contracts linked to Batangas 1st District Rep. Leandro Leviste for non-performance and...

DOE cancels Leviste firm’s 33 contracts

The Department of Energy on Tuesday announced it has cancelled 33 renewable energy service contracts of project company Solar Philippines Power Project Holdings Inc....

Meralco’s MGreen unit hikes stake in SP New Energy for P13.8 billion

MGen Renewable Energy Inc. (MGreen), a subsidiary of Meralco-owned Meralco Powergen Corp. (MGen), said Wednesday it acquired 10.8 billion shares in SP New Energy...

SPNEC secures P3.78-b loan from PNB

The board of SP New Energy Corp. has approved a plan to secure a term loan facility of up to P3.78 billion from the...

SPNEC to build another large solar farm

SP New Energy Corp. (SPNEC) plans to build another large solar farm in Batangas province to be called Terra Solar 2, a top executive...

Solar power executive bullish on Batangas

Leandro Legarda Leviste, founder of Solar Philippines Tarlac Corp., reputedly the builder of Southeast Asia’s largest solar project, eyes remarkable progress in the coming...

KEPCO keen on PH renewable energy, nuclear power

Korea Electric Power Co. (KEPCO), the government-owned utility company of South Korea, reaffirmed its commitment to investing in the Philippine energy sector and underscored...

Gov’t plans to cancel 21 contracts given to Solar PH

The Department of Energy (DOE) plans to terminate half of the contracts it awarded to Solar Philippines, an official said Thursday. “Ongoing process for termination...

Meralco unit acquires P7.5-b SPNEC shares

Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen...

Meralco unit signs deal to acquire controlling stake in SPNEC

MGen Renewable Energy Inc. (MGreen) said Thursday it signed an agreement with SP New Energy Corp. (SPNEC) and its parent Solar Philippines Power Project...

SPNEC secures over 4,000 hectares of land in Luzon

SP New Energy Corp. said Wednesday that together with its subsidiaries, it secured more than 4,000 hectares of land, mostly in the provinces of...

SP New Energy gets over 2,000 hectares for largest solar farm

SP New Energy Corp., a unit of Solar Philippines, said Thursday it secured over 2,000 hectares of landbank as part of preparations in building...
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