April 29, 2021

Meralco income surges by 65% in Q1

By Jordeene B. Lagare – April 27, 2021 from The Manila Times The Manila Electric Co. (Meralco) on Monday reported a consolidated net income of P4.357 billion in the first three months of 2020, or a 64.2-percent surge from the […]
April 28, 2021

RP Energy Drops Subic Coal Project

By LENIE LECTURA – APRIL 28, 202 from Business Mirror Redondo Peninsula Energy Inc. (RP Energy) is no longer pursuing the development of a coal power facility in Subic, Zambales. “Not anymore coal,” replied Meralco PowerGen Corp. President Rogelio Singson […]
April 28, 2021

AC Energy Solar Farm Starts Producing Power For Luzon

BY LENIE LECTURA – APRIL 28, 2021 from Business World One of the 5 solar power projects of AC Energy Corp. (ACEN) lined up for the year is now generating power for the Luzon grid. ACEN announced Tuesday its 63megawatt […]
April 28, 2021

Meralco sets ‘emergency power procurement’ to augment supply

By Myrna M. Velasco – April 28, 2021, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) is seeking the approval of the Department of Energy (DOE) for its “emergency procurement” of 220 to 260 megawatts of […]