Manila Electric Co. (Meralco) subsidiary MGen Renewable Energy Inc. (MGreen) and its foreign partner Vena Energy have successfully secured financial close for the 550-megawatt (MW) Bugallon Solar Power Project in Pangasinan, marking a significant step forward in the country's renewable energy sector.
Aboitiz Upgrade Solar Inc. (AUSI), a partnership between Aboitiz Power Corp. and Upgrade Energy Philippines, has entered into a pivotal long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials Inc. (RCBM).
Manila Electric Co., the country’s largest power distributor, said Monday power rates in January will be reduced, offering some relief to residential customers amid ongoing economic challenges.
The Energy Regulatory Commission (ERC) is inviting public feedback on proposed changes to the country’s net-metering rules, a move that could impact thousands of electricity consumers and solar power users across the nation.