Power News

March 24, 2025

US startup to build nuclear ‘micro’ reactor in PH

By Jordeene B. Lagare – 02:08 AM March 24, 2025 from inquirer.net / Philippine Daily Inquirer Valar Atomics Research Institute President Kip Mock, EōS CEO Aaron Green, MSU-IIT Chancellor Alizedney Ditucalan. Photo by Jordeene B. Lagare American startup Valar Atomics […]
March 24, 2025

Meralco moves nuke bid to 2030

By Maria Bernadette Romero – 24 Mar 2025, 00:21 from Daily Tribune ‘Having a nuclear power source by 2028 seems unlikely now, but the good news for SMR is that in Romania, it might be ready by the end of […]
March 22, 2025

First Gen’s recurring income softened to $245m in 2024

By Alena Mae S. Flores – March 21, 2025, 8:10 pm from manilastandard.net First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable recurring net income for 2024 to $245 million (P14 billion) from $277 […]
March 21, 2025

AboitizPower allots ₱78.1B for capex budget this year

By Lorenz S. Marasigan – March 21, 2025 from Business Mirror Aboitiz Power Corp. has allotted P78.1 billion in capital expenditure (capex) for 2025, majority of which will be used to expand its renewable energy (RE) portfolio, aligning with its […]
March 21, 2025

ERC looks into SMGP’s ₱5-billion rate collection

By Gabriell Christel Galang – Mar 20, 2025 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson […]
March 21, 2025

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

By Alena Mae S. Flores – March 20, 2025, 7:35 pm from manilastandard.net Alsons deputy chief financial officer Philip Edward Sagun Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net […]
March 20, 2025

12 energy projects cleared for system impact study

By Gabriell Christel Galang – Mar 20, 2025 08:32 AM The Department of Energy (DOE) has issued system impact studies (SIS) to 12 energy projects in February. The DOE is set to endorse these projects to the National Grid Corporation […]
March 20, 2025

Meralco retail arm inks deal with Mega Land, renews contract with Megasoft

By Malaya Business Insight – March 20, 2025 MPower, the retail electricity arm of Manila Electric Co. (Meralco), said it has entered into a new supply contract with Mega Land Prime Estate Corp. to energize its MegaOne Building in Quezon […]
March 20, 2025

Basic gets DOE’s nod to start 62-MW Mariveles solar project

By Alena Mae S. Flores – March 19, 2025, 7:30 pm from manilastandard.net The Department of Energy (DOE) awarded Basic Energy Corp. a certificate of authority (COA) for its 62-megawatt Mariveles Solar Power Project in Bataan. Basic said in a […]
March 19, 2025

PetroGreen unit begins construction of 40-MW solar plant

By Alena Mae S. Flores – March 18, 2025, 7:35 p from manilastandard.net PetroGreen Energy Corp. (PGEC), through its subsidiary BKS Green Energy Corp. (BKS), on Tuesday marked the start of the construction of its 40-megawatt Limbauan Solar Power Project […]