January 23, 2024

SPNEC gets SEC nod to hike capital stock to P7.75b

By Jenniffer B. Austria – January 22, 2024, 7:15 pm from manilastandard.net SP New Energy Corp. (SPNEC) said Monday the Securities and Exchange Commission’s (SEC) approved the proposed increase in authorized capital stock to P7.75 billion from P5 billion. SPNEC […]
January 23, 2024

Five firms keen on supplying 660 MW to Meralco for summer

By Alena Mae S. Flores – January 22, 2024, 7:10 pm from manilastandard.net Five companies participated in the pre-bid conference for Manila Electric Co.’s competitive selection process (CSP) or bidding covering its combined 660 megawatts (MW) of interim supply requirement […]
January 22, 2024

10 offshore wind projects to generate power by 2028

By Richmond Mercurio – January 22, 2024 | 12:00am from The Philippine Star Guevara said that as of November 2023, 82 offshore wind energy service contracts with total capacity of 63.36 GW have been awarded by the DOE. MANILA, Philippines […]
January 22, 2024

Meralco eyes 4.5% growth in electricity sales amid robust economy

Alena Mae S. Flores – January 21, 2024, 8:20 pm from manilastandard.net Meralco lineman examined the electric hanging meters base at a post along Quezon Ave in Quezon City, As the Meralco has announced an increase in its power rates […]