Energy & Mining
Meralco subsidiary takes on Singapore partner in 450-MW Pangasinan solar project
Meralco Power Gen Corp. (MGen), through subsidiary MGen Renewable Energy Inc. (MGreen), on Tuesday signed an investment agreement with Vena Energy, to jointly develop, construct and operate the 450-megawatt Bugallon solar project in Pangasinan under 3 Barracuda Energy Corp. (3BEC).
ACEN solar subsidiaries undergo scoping in September
The floating solar projects developed by ACEN Corp. subsidiaries are scheduled for public scoping, or performance review, starting in September, according to the Department of Environment and Natural Resources’ (DENR) Environmental Management Bureau (EMB).
FDCUI breaks ground for 20.75 MW Misamis solar project
FDC Utilities Inc. (FDCUI) subsidiary FDC Green Energy Corp. on Monday broke ground at its P700 million solar power facility in Misamis Oriental.
ACEN, GenZero, Keppel in Transition Credits deal for South Luzon coal plant retirement
ACEN Corp., the renewable energy arm of the Ayala Group., said Monday it has signed a memorandum of understanding with GenZero and Keppel Ltd. to jointly explore transition credits for accelerating the retirement of the South Luzon Thermal Energy Corp. coal-fired power plant in Batangas and replace it with a clean energy dispatch facility.
First Gen supports Holcim’s renewable power needs
Leading building solutions provider Holcim Philippines has tapped First Gen Corporation (First Gen) for supply of electricity from a geothermal energy source to run Holcim’s Mindanao manufacturing plants in line with Holcim’s decarbonization direction.
