MGen Renewable Energy Inc. (MGreen), a unit of the Manila Electric Co., on Monday completed its P15.9 billion investment in SP New Energy Corp. (SPNEC), taking a controlling stake at the solar company.
One hundred seventy-five power plants generating a combined 39,908.964 megawatts (MW) were subjected to a full engineering review known as system impact studies (SIS) at the National Grid Corporation of the Philippines (NGCP) in 2023, the Department of Energy (DOE) said on Tuesday.