October 13, 2023

Meralco investing P15.9b for majority stake in SPNEC

By Alena Mae S. Floresand / Jenniffer B. Austria – October 12, 2023, 9:15 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Thursday it is investing P15.9 billion to take a majority stake in SP New Energy Corp. […]
October 13, 2023

NEA asked to include natural gas in electric coops’ supply deals

By Alena Mae S. Flores – October 12, 2023, 8:40 pm from manilastandard.net The Department of Energy (DOE) asked the National Electrification Administration (NEA) to facilitate the joint conduct of competitive selection process (CSP) or bidding for the power supply […]
October 13, 2023

NGCP expects to fully energize Mindanao-Visayas link by end-2023

By Alena Mae S. Flores – October 12, 2023, 8:25 pm from manilastandard.net Transmission operator National Grid Corp. of the Philippines (NGCP) expects to fully energize  the Mindanao-Visayas Interconnection Project (MVIP) and allow the flow of 450 megawatts of power […]
October 13, 2023

Meralco unit signs deal to acquire controlling stake in SPNEC

By Alena Mae S. Flores – October 12, 2023, 3:42 pm from manilastandard.net MGen Renewable Energy Inc. (MGreen) said Thursday it signed an agreement with SP New Energy Corp. (SPNEC) and its parent Solar Philippines Power Project Holdings Inc. (SPH) […]