Energy & Mining
SM Retail partners with MPower for 100% renewable energy supply in Metro Manila
SM Retail Inc. has partnered with Manila Electric Co. (Meralco) retail electricity supply arm, MPower, to supply itsMetro Manila establishments with 100 percent renewable energy.
Mabini Wind Power project completes wind resource assessment
Basic Energy Corp. said its subsidiary RDG Wind Energy Corp. has completed the wind resource assessment (WRA) for Mabini Wind Power Project, a renewable energy project RDG Wind manages.
Joy~Nostalg Solaris secures contract for 62 MW solar project in Iloilo
Renewable energy developer Joy~Nostalg Solaris Inc. has entered into an engineering, procurement, and construction (EPC) contract with China Energy Engineering Group Northeast No. 1 Electric Power Construction Co. Ltd. for its 62 megawatt (MW) solar project in Ajuy, Iloilo.
ERC defers decision on universal charge hike, raising uncertainty for consumers
The Energy Regulatory Commission (ERC) has postponed its decision on several proposed rate hikes for the universal charge for missionary electrification (UCME), which funds off-grid power plants across the Philippines.
CREC targets over P35 billion Capex for 2025 expansion
Citicore Renewable Energy Corp. (CREC) is allocating over P35 billion in capital expenditures (capex) this year as part of its growth plan, with the company aiming to end 2025 with approximately 1,200 megawatts (MW) in operational projects.
