PACIFICLIGHT Power Pte. Ltd. (PLP), a subsidiary of Meralco PowerGen Corp. (MGen), will build two liquefied natural gas (LNG) generating units in Singapore, aiming to supply 100 megawatts (MW) of electricity.
Category Archives: News
The proposal to extend Meralco’s franchise by another 25 years deserves serious consideration by lawmakers. As outlined by House Committee on Ways and Means Chairman Joey Salceda, there are compelling economic reasons to grant this extension. While Meralco’s current franchise remains valid until 2028, Salceda argued that extending it is not only justified by the… ⇒
DAVAO CITY—A laboratory to process municipal and industrial waste is being put up in Cagayan de Oro City to help find sustainable energy solutions in Northern Mindanao, the Department of Science and Technology said.
MANILA (UPDATED) – Consumers in many areas in the Visayas may be in for a bill shock as several electric cooperatives implement power rate hikes.
PetroEnergy Resources Corp. (PERC) of the Yuchengco Group said Wednesday consolidated net income attributable to equity holders of the parent company climbed 7 percent in the first quarter of 2024 to P186 million from P173 million in the same period last year.
Repower Energy Development Corp. said Wednesday it posted a net income of P70.1 million in the first quarter of 2024, a 32-percent increase from P52.8 million a year ago on continued strong performance of its portfolio of mini run-of-the-river hydropower plants.
A House leader on Tuesday opposed a bill that would extend the legislative franchise of power distribution giant Manila Electric Company (Meralco) which would expire in 2028.
For Santa Rosa City lone district Rep. Dan Fernandez, there are many reasons to turn down the franchise renewal application of power distribution giant Manila Electric Company (Meralco).
House Committee on Energy Chairman, Marinduque lone district Rep. Lord Allan Velasco has raised the possibility that some sectors are capitalizing on the annual red and yellow alerts of the power grid.
Senate Committee on Energy chairman Senator Raffy Tulfo questioned the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) over their failure to regularly monitor power plants amid frequent outages.
House energy panel chairperson and Marinduque lawmaker Lord Allan Velasco on Tuesday called out the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) over their apparent failure to penalize power plants and power generation companies over the spate of red and yellow alerts.
The Energy Regulatory Commission (ERC) said Tuesday its initial investigation showed that five power generating companies breached the unplanned outage allowance.