energy

MGen to double power plant capacity by 2030

The power generation arm of Manila Electric Co. (Meralco) is bullish about doubling its capacity…

EDC eyes $540-M boost to geothermal power plant fleet

Lopez-led Energy Development Corp. (EDC) may have to shell out around $540 million to increase…

PXP Energy raises stake in WPS oil contract

PXP Energy Corp. has hiked its stake in Canada-based FEC Resources Inc. (FEC), strengthening its…

Meralco slashes energy sales forecast for 2025

Manila Electric Co. (Meralco) scaled down its energy sales volume forecast for 2025 amid market…

Energy firms back Marcos goal on additional power plants

The Philippine Independent Power Producers Association (PIPPA) has expressed support for plans for a pipeline…

Meralco on track to hit P50-B core earnings goal

Manila Electric Co. (Meralco), led by billionaire Manuel V. Pangilinan, remains on track to achieve…

Basic Energy sees closing electric vehicle charging deal in Q3

Basic Energy Corp. (BEC) expects to seal a deal with an electric vehicle (EV) charging…

Basic Energy to spend P300M for renewables expansion

Basic Energy Corp. (BEC), which is focused on renewable energy and alternative fuels, plans to…

137.4-MW AboitizPower solar park cleared for grid plug-in

Aboitiz Power Corp. has secured the National Grid Corp. of the Philippines’ (NGCP) go signal…

First Gen investing more in geothermal power

First Gen Corp., a Lopez-led renewable energy producer, intends to allocate more capital to its…