February 3, 2024

MGen unit signs EPC contracts for 2 solar plants

By Alena Mae S. Flores – February 1, 2024, 9:15 pm from manilastandard.net MGen Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), said Monday it signed the engineering, procurement and construction (EPC) contracts for its […]
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 15, 2024

Meralco to increase renewable projects to 1,500 MW by ‘30

By Alena Mae S. Flores – January 14, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. (MGen), Manila Electric Co.’s power generation arm, expects to complete 1,500-megawatt renewable energy (RE) projects by 2030, an executive said over the weekend. MGen […]
January 2, 2024

SPNEC breaks ground on world’s biggest solar project in Nueva Ecija

By Alena Mae S. Flores – January 1, 2024, 8:20 pm from manilastandard.net SP NEW Energy Corp. (SPNEC) said Monday it broke ground on the “world’s largest solar project” in Central Luzon. SPNEC said in a statement its 100-percent owned […]