Power News

March 6, 2024

ACEN, Marubeni investing in BESS projects in Australia

By Alena Mae S. Flores – March 5, 2024, 8:55 pm from manilastandard.net ACEN Australia, a unit of ACEN Corp. and Marubeni Asian Power Singapore signed an agreement for the joint development of battery energy storage systems in Australia with […]
March 6, 2024

Meralco seeks ERC approval for 1,800 MW of supply with lower rates for consumers

By Alena Mae S. Flores – March 5, 2024, 8:45 pm from manilastandard.net Power retailer Manila Electric Co. said Tuesday it filed for approval with the Energy Regulatory Commission three separate power supply agreements (PSA) covering 1,800-megawatt baseload requirement that […]
March 6, 2024

Subic solar power project adds 72-MW capacity to Luzon grid

By Alena Mae S. Flores – March 5, 2024, 8:20 pm from manilastandard.net Emerging Power Inc. said Tuesday an additional 72 megawatts of solar energy capacity from its subsidiary Jobin-SQM Inc. (JSI) is now connected to the Luzon grid and […]
March 5, 2024

Meralco, Aboitiz sign LNG joint venture

By Alena Mae S. Flores – March 4, 2024, 8:55 pm from manilastandard.net MERALCO PowerGen Corp. (MGen) of Manila Electric Co. and Therma NatGas Power Inc. (TNGP) of Aboitiz Power Corp. signed an investment agreement to acquire Chromite Gas Holdings […]
March 5, 2024

AGI taps green power supply from MPower

By Alena Mae S. Flores – March 4, 2024, 8:40 pm from manilastandard.net AGI-MPOWER PACT. Alliance Global Group, Inc. (AGI), through its companies Megaworld and the Travellers International Hotel Group, has tapped MPower of Meralco to achieve its goal of […]
March 4, 2024

San Miguel selling 2 power plants to Meralco, Aboitiz unit for over $3b

By Alena Mae S. Flores – March 3, 2024, 9:50 pm from manilastandard.net Meralco PowerGen Corp. and Aboitiz Power Corp. said they are jointly investing in two of San Miguel Global Power Holdings Corp.’s gas-fired power plants in a deal […]
March 4, 2024

Panay power supply expected to improve this month, says DOE

By Alena Mae S. Flores – March 3, 2024, 9:35 pm from manilastandard.net The Department of Energy said over the weekend the Panay power supply is expected to improve this month with the completion of the Cebu-Negros-Panay transmission upgrade and […]
March 4, 2024

SPNEC woos more investors to roll out ‘world’s largest solar project’

By Alena Mae S. Flores – March 3, 2024, 9:30 pm from manilastandard.net SP New Energy Corp. (SPNEC) is wooing more investors in Terra Solar Philippines Inc., the corporate vehicle of the “world’s largest solar project.” Terra Solar is a […]
March 4, 2024

ACEN receives IES certificate for energy trading platform

By Alena Mae S. Flores – March 3, 2024, 9:15 pm from manilastandard.net ACEN Corp., the Ayala Group’s listed energy company, said over the weekend it received full compliance certification from Intelligent Energy Systems (IES) for its energy trading platform. […]
March 4, 2024

MGen, Aboitiz, San Miguel forge landmark energy deal

By Alena Mae S. Flores – March 3, 2024, 12:50 pm from manilastandard.net Ramon S. Ang and Manny V. Pangilinan Meralco PowerGen Corp. and Aboitiz Power Corp. announced they will jointly invest in two of San Miguel Global Power Holdings […]