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Sunday, 15 June 2025, 3:32 am

    Tag: Meralco

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    SP New Energy appoints seasoned audit chief

    Corporate Context.ph Context.ph -
    SP New Energy Corp., the renewable energy subsidiary of MGen Renewable Energy Inc., has named Anthony Vergel Velasco as its new chief audit executive, strengthening its governance framework as it scales up its clean energy portfolio.

    Meralco sales slowing in 2025 amid changing weather patterns

    Energy Context.ph Context.ph -
    The Manila Electric Co. (Meralco) has revised its power sales forecast this year to only 4.6 percent, signaling a weaker performance versus the previous year. The revised projection comes following an exceptional spike in demand due to the effects of El Niño in 2024, which is unlikely to repeat this year.

    ERC grants Meralco provisional authority for P19.95-B refund scheme

    Energy Context.ph Context.ph -
    The Energy Regulatory Commission (ERC) has granted Manila Electric Co. (Meralco) provisional authority to implement a refund scheme amounting to P19.95 billion, covering an over-recovery of rates from 1 July 2022, to 31 December 2024. The scheme will be executed over 36 months, with refunds starting in the next billing cycle.

    Meralco subsidiary launches 52.8 MW solar project in Isabela

    Energy Context.ph Context.ph -
    Meralco PowerGen Corp. renewable energy arm, MGEN Renewable Energy Inc. (MGreen), has successfully launched a 52.8-megawatt (MW) MGreen Cordon Solar power plant in Cordon, Isabela. This marks MGreen as one of the largest operational solar plants in the Cagayan Valley region under the Department of Energy's (DOE) second Green Energy Auction program.

    Meralco renews 300 MW EPSA with Aboitiz

    Energy Context.ph Context.ph -
    The Manila Electric Co. (Meralco) has renewed its emergency power supply agreement (EPSA) with Aboitiz Power’s GNPower Dinginin Ltd. for the supply of 300...
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    FPIP, locators join Brigada Eskwela in Tanauan

    Social Responsibility & Sustainability 0
    Volunteers from Lopez-led First Philippine Industrial Park (FPIP) joined the annual Brigada Eskwela pre-school opening activities of the Department of Education (DepEd) in Tanauan, Batangas, to show their support for the city hosting the world-class industrial park.

    BOP swings into $3B deficit in Q1 amid trade woes

    Top News 0
    The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.

    Cold storage for rice seeds now in key provinces

    Agriculture 0
    The Department of Agriculture (DA) has expressed its gratitude to the South Korean government for its sustained support—channeled through Official Development Assistance (ODA) Korea—toward the Philippines’ efforts to modernize its rice sector, a key pillar of President Ferdinand Marcos Jr. 's broader food security agenda.

    Stocks slide as Israel-Iran conflict reignites

    Markets 0
    Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 

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    Alas Pilipinas falls to Vietnam in 2025 AVC Nations Cup finals

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    Alas Pilipinas' historic run at the 2025 AVC Women’s Nations Cup ended Saturday night with a silver medal after a 3-set sweep by host Vietnam in the gold medal match.
    Social Responsibility & Sustainability

    FPIP, locators join Brigada Eskwela in Tanauan

    0
    Volunteers from Lopez-led First Philippine Industrial Park (FPIP) joined the annual Brigada Eskwela pre-school opening activities of the Department of Education (DepEd) in Tanauan, Batangas, to show their support for the city hosting the world-class industrial park.
    Top News

    BOP swings into $3B deficit in Q1 amid trade woes

    0
    The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.
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