Energy & Mining
Meralco solar unit keen on adding 30 MW capacity next year
Manila Electric Co. (Meralco) solar subsidiary MSpectrum eyes securing as much as 30 megawatts (MW) of new projects in 2024.
SP New Energy buys out Razon company from Terra Solar for P6B
SP New Energy Corp. said Tuesday it bought out Prime Infrastructure Inc. of billionaire Enrique Razon Jr. from its renewable energy joint venture, Terra Solar Philippines Inc.
Meralco power rates decline as Dec generation fees ease
Manila Electric Co., better known as Meralco, said Monday power rates in December decreased by P0.7961 per kiloWatt-hour due mainly to reductions in generation charges.
EDC eyes completing binary geothermal plants in the next two years
The Energy Development Corp. (EDC) looks to complete the construction of binary geothermal power plants and battery energy storage systems (BESS) in the next...
COP28 clashes over fossil fuel phase-out after OPEC pushback
Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.
