Energy
DOE secures ₱57.4M for renewable projects from PCSO
In a move signaling strengthened institutional backing for the country's clean energy program, the Philippine Charity Sweepstakes Office (PCSO) has released ₱57.4 million to the Department of Energy (DOE) to support renewable energy (RE) projects under the Renewable Energy Trust Fund (RETF).
Meralco races to restore power after Habagat floods
In the wake of heavy rains brought by the southwest monsoon (Habagat), the Manila Electric Co. (Meralco) is operating on a 24/7 basis to restore electricity in flood-affected areas across its franchise.
MGen launches 49 MW battery energy storage project in Cebu
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), on Monday announced the pursuit of a 49-megawatt (MW) battery energy storage system (BESS) project in Toledo, Cebu, designed to strengthen grid stability and support the country's clean energy transition program.
Vantage Energy powers BQ Mall in first Bohol deal
Vantage Energy, the retail electricity supply (RES) arm of Manila Electric Co. (Meralco), has signed a power supply agreement with Bohol Quality Corp. (BQC) to provide electricity to its flagship BQ Mall in Tagbilaran City.
ICCP insists Alternergy capital-raising above board, transparent
Investment & Capital Corp. of the Philippines (ICCP), financial advisor to Alternergy Holdings Corp., asserted its strong commitment to transparency, regulatory compliance, and investor protection in connection with Alternergy’s capital-raising efforts.
