Energy & Mining

Meralco’s 500-MW renewable energy program attracts bidders

The Manila Electric Co. (Meralco) on Monday said its bid to find 500 megawatts of renewable energy under the competitive selection process has attracted the interest of two solar power firms and one hydro power company.

Fuel prices rise again after last week’s rollback

The price of regular gasoline at the pumps is set to rise P0.85 more per liter beginning Tuesday in latest adjustments announced by retailer Seaoil and its competitors in the business following last week’s price cuts.

Meralco power rates up in June; several power plants defer P500 million in charges

Manila Electric Co., the country’s largest electricity distributor, on Thursday said power rates in June will increase by P0.6436 per kiloWatt-hour, raising the overall...

Alternergy secures P5.3 billion project financing for 64-MW Alabat wind project

Renewable power pioneer Alternergy Holdings Corp. said its indirect subsidiary Alabat Wind Power Corp. has secured a P5.3 billion project finance loan from Rizal...

First Gen awards LNG supply contract to Tokyo Gas

First Gen Corp., a prominent player in the energy sector and a subsidiary of the Lopez Group, has awarded a contract to Tokyo Gas, through...

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