The Manila Electric Company (Meralco) power generation arm Meralco PowerGen Corporation (MGEN) has received a $2.8 million (about P162 million) grant from the U.S. Trade and Development Agency (USTDA) to support studies on bringing nuclear energy to the Philippines.
The satellite campuses of the Lyceum of the Philippines University (LPU) in Batangas and Laguna have pooled more than 1,150 kilowatts (kW) of electricity demand to secure direct renewable energy supply from First Gen Corporation.
Semirara Mining and Power Corp. (SMPC) is projecting confidence as it braces for a high-stakes government auction that will determine who operates the country’s largest coal mine beyond 2027.
State-run Philippine National Oil Co. (PNOC) has signed a memorandum of understanding (MOU) with local firm BERGS Energy Solutions and Technology Corp. (BESTC) to study the feasibility of a large natural gas power project in Bataan.
Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.