Manila Electric Co. (Meralco) subsidiary MSpectrum Inc., has partnered with the local unit of US-based Excelitas Technologies Corp. in a solar rooftop project in Laguna.
Lopez-led ThermaPrime Drilling Corporation (ThermaPrime), the Philippines’ leading geothermal well drilling company, is expanding operations by acquiring three more rigs to support the geothermal expansion program of its affiliate and help the country attain energy security.
The Manila Electric Co. (Meralco) recently acknowledged the inadequacy of original plans to embrace either the micro or small modular reactor (MMR/SMR) concept of power generation for the Philippines over the medium term given the need to generate 1,200 megawatts more capacity by 2032.
Renewable energy developer Raslag Corp. is selling its property in Mexico, Pampanga for P1.62 billion as it shifts focus in developing its 45-megawatt solar project in Hermosa, Bataan instead.