Tag: Meralco

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Meralco lines up massive spending for future projects

Energy & Mining Context.ph Context.ph -
Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.

Meralco, Aboitiz deepen US nuclear push

Energy & Mining Context.ph Context.ph -
Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.

Silicon Valley sparks Meralco grid push

Energy & Mining Context.ph Context.ph -
Manuel V. Pangilinan-led Manila Electric Company (Meralco) went technology shopping in the US, and came home with more than just ideas.

ERC expands lifeline discounts for low-income power users

Energy & Mining Context.ph Context.ph -
Low-income electricity consumers are set to get bigger relief on their power bills after regulators approved a new, uniform national lifeline subsidy.

Meralco rates tick up as grid costs bite

Energy & Mining Context.ph Context.ph -
After two months of lower power bills, Meralco customers are seeing a reversal in February as electricity rates climb on higher grid-related charges.
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Francisco Motors seeks EV incentives for global drive

Transport & Logistics 0
Francisco Motors Corp. (FMC), long associated with the iconic jeepney, is positioning itself for a return to relevance through electrification, advancing a USD355-million phased development of the FMC Elektron compact SUV as part of a broader global strategy.

UP Innovation Summit opens, targets partnerships growth

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The University of the Philippines will launch its inaugural Inoblasyon Innovation Summit on May 5 at the SMX Convention Center Aura, convening leaders from industry, government, and academia in a bid to accelerate collaboration across the country’s innovation ecosystem.

Philippine manufacturing contracts as costs, demand bite

Economy 0
The Philippines’ manufacturing sector slipped into contraction in April, its first downturn since November, as weakening demand and rising costs weighed on output, according to S&P Global Market Intelligence.

ACEN funds battery project with internal loan

Energy & Mining 0
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.

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