Energy & Mining
AboitizPower signs 15-year power deal with LVECA
Aboitiz Power Corporation has secured 15-year baseload power supply agreements with the Luzon and Visayas Electric Cooperatives Aggregation (LVECA). Through Therma Luzon (222.5 MW to 19 Luzon co-ops) and Therma Visayas (48.2 MW to 10 Visayas co-ops), it shares in the total 565.5 MW awarded via NEA-supported joint competitive selection process (CSP). Aggregation replaces separate biddings, boosting co-ops’ market leverage and supply stability. Covers key provinces across both islands. For AboitizPower, this follows its 2025 LECA deal, expanding strategic footprint. Long-term terms mitigate disruption risks, strengthening co-ops’ operations and service reliability for households.
Underwater solar cells reach 10 meters deep
A solar panel that works underwater sounds like the sort of thing a fish might invent after getting tired of waiting for Wi-Fi. But researchers have now shown that the idea is more than a science-fiction prop.
ASEAN ministers eye energy security, chip roadmap
ASEAN economic ministers are set to advance regional initiatives on energy security and semiconductors as they meet from September 19 to 22 for the ASEAN Economic Ministers Meetings and Related Meetings.
Meralco builds smarter, more resilient grid with modern power infrastructure
Manila Electric Company (Meralco), led by Chairman Manuel V. Pangilinan, is ramping up investments in advanced technologies to boost network oversight while delivering safer, more reliable, and more efficient power service to its customers.
NGCP on track to complete ₱23.54 billion transmission projects by year end
The National Grid Corporation of the Philippines (NGCP) is set to complete six major transmission projects aggregating P23.54 billion before the close of 2026, following also the completion of five flagship facilities worth another P7.19 billion earlier this year. Once all 11 projects are delivered, the entire investment total P30.73 billion.
