The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.
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.
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.
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 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.
Southeast Asia’s rapidly growing digital economy is increasingly exploited as a staging ground for global cyberattacks, according to Mimecast’s 2025 Global Threat Intelligence Report.
iProov has claimed the distinction as the first and only company to meet the biometric verification requirements of the newly released NIST Special Publication 800-63-4 Digital Identity Guidelines, which set the U.S. federal standard for secure digital identity.
McDonald’s Philippines has been named Employer of the Year by the People Management Association of the Philippines (PMAP), recognizing the company’s outstanding people management and purpose-driven practices.
PLDT Enterprise has joined forces with global mobile industry body GSMA and key regulators—including the Department of Information and Communications Technology (DICT), Bangko Sentral ng Pilipinas (BSP), National Privacy Commission (NPC), and National Telecommunications Commission (NTC)—to launch SmartSafe, the country’s first telco-enabled fraud management API suite globally certified by GSMA.