July 22, 2024

ERC asked to scrutinize terms of Meralco auction

By Lorenz S. Marasigan – July 22, 2024 from Business World The Energy Regulatory Commission (ERC) was urged on Sunday to temporarily halt the Manila Electric Co.’s (Meralco) auction for an additional 600 megawatts (MW) of power, with a lawmaker […]
July 19, 2024

Meralco CSP attracts 3 bidders

By Lorenz S. Marasigan – July 19, 2024 from Business Mirror The Manila Electric Co. (Meralco) said on Thursday it has successfully secured bids for 500 megawatts (MW) of renewable energy supply through a competitive selection process (CSP). The bid […]
July 18, 2024

NexGen: Proceeds of IPO to bankroll expansion plan

By VG Cabuag – July 17, 2024 from Business Mirror The share price of NexGen Energy Corp., a renewable energy company with a basket of solar and wind service contracts, made little gains during its debut at the Philippine Stock […]
July 17, 2024

NGCP, Ingrid Power get nod to implement ancillary services deal

By Lenie Lectura – July 17, 2024 from Business Mirror The Energy Regulatory Commission (ERC) has granted interim relief to the National Grid Corporation of the Philippines (NGCP) and Ingrid Power Holdings Inc. (IPHI) to implement their modified ancillary services […]