March 5, 2025

Increased power supply drives down WESM prices in February

By Gabriell Christel Galang – Mar 5, 2025 10:10 AM from Manila Bulletin The Independent Electricity Market Operator of the Philippines (IEMOP) reported a decline in Wholesale Electricity Spot Market (WESM) prices in February due to increased supply in the […]
March 5, 2025

SteelAsia powers Bulacan plant with solar energy

By Maria Bernadette Romero – 04 Mar 2025, 16:15 from Daily Tribune   Officers from SteelAsia and TotalEnergies ENEOS visit the 1.9 MWp solar rooftop photovoltaic system in the SteelAsia’s Meycauayan steel plant during the project’s commissioning. Photo courtesy of […]
March 4, 2025

Weak coal prices pull down earnings of Semirara in 2024

By Lenie Lectura – March 3, 2025 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) posted a 30-percent decline in earnings last year due to “normalizing” energy markets. In a report to the stock exchange Monday,  SMPC said […]
March 3, 2025

MGEN subsidiary expects to exceed 1,500MW target

By Lenie Lectura – March 3, 2025 from Business Mirror MERALCO PowerGen Corp. (MGen) subsidiary MGEN Renewable Energy Inc. (MGreen) expects to exceed its renewable energy (RE) target of 1,500 megawatts (MW) by 2030 from the current 344.5MW. For this […]