Energy & Mining

Meralco subsidiary tapped to connect solar power project to Luzon grid

Manila Electric Co. subsidiary Meralco Industrial Engineering Services Corp. (MIESCOR) has been tapped to design and construct the critical infrastructure that will connect the Terra Solar project to the Luzon grid.

Alternergy raising P15B to fund more renewable energy projects

Listed renewable energy (RE) firm Alternergy Holdings Corp. looks to raise P15 billion to pursue a 191-megawatt RE project.

DOE targets 1,200 MW nuclear energy capacity by 2032

The Department of Energy (DOE) expressed optimism on Wednesday of commercially operating nuclear power plants by 2032, initially generating at least 1,200 megawatts and gradually increasing to 4,800 MW by 2050.

$250 million eyed as derisking fund in geothermal exploration

The Department of Energy (DOE) said as much as $250 million could be raised by the Asian Development Bank as a derisking component of a fund proposed to benefit geothermal power developers.

Former DOJ official now chairs ERC as officer-in-charge

The Energy Regulatory Commission (ERC) on Wednesday welcomed a new chairman, Jesse Hermogenes Andres, a former Department of Justice (DOJ) undersecretary, as officer-in-charge (OIC) of the regulatory body.

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