Sheldeen Talavera

1 week ago | bworldonline.com | Sheldeen Talavera

By Sheldeen Joy Talavera, ReporterPOWER distributor Manila Electric Co. (Meralco) has committed to delivering “stable, reliable, and affordable electricity” to its customers after its franchise was extended for another 25 years. President Ferdinand R. Marcos, Jr. on April 11 signed into law the measure extending Meralco’s franchise for another 25 years, Presidential Communications Office Undersecretary Clarissa A. Castro said on Tuesday. “We thank President Ferdinand R.

2 weeks ago | matuwid.org | Sheldeen Talavera

By Sheldeen Joy Talavera – April 11, 2025 | 12:09 amfrom Business WorldSTA. BARBARA 1 Solar Power Project in Pangasinan — CREC.COM.PHCITICORE SOLAR Pangasinan, Inc. (CSPI), a unit of the Saavedra-led Citicore Renewable Energy Corp. (CREC), is seeking approval from the Energy Regulatory Commission (ERC) to develop connection facilities for its solar farm in Pangasinan. CSPI has proposed to develop P176.19-million interconnection facilities that will connect its 90-megawatt (MW) Sta.

2 weeks ago | matuwid.org | Sheldeen Talavera

GAS manufacturing firm Nippon Sanso Ingasco Group (NSIG) has partnered with Lopez-led First Gen Corp. to power its gas manufacturing facility in Mindanao with renewable energy (RE). First Gen, through its subsidiary Energy Development Corp., will supply 2.6 megawatts (MW) of electricity from its geothermal power plant in North Cotabato to NSIG’s facility within the Phividec Industrial Estate in Tagoloan, Misamis Oriental, the companies said in a statement on Wednesday.

2 weeks ago | matuwid.org | Sheldeen Talavera

By Sheldeen Joy Talavera – April 8, 2025 | 12:05 amfrom Business WorldTHE PHILIPPINE Geothermal Production Co., Inc. (PGPC), a subsidiary of SM Investments Corp. (SMIC), has started exploring new renewable geothermal energy sources in Albay, the company announced on Monday. The company has commenced operations of its drilling rig as it develops a geothermal steam field at Mt. Malinao, which could generate up to 49 megawatts (MW) of electricity, the company said in a media release.

3 weeks ago | bworldonline.com | Sheldeen Talavera

By Sheldeen Joy Talavera, ReporterTHE Trump administration’s policies could cause inflation to remain elevated, which would have a major impact on the renewable energy (RE) industry because it depends heavily on borrowed capital, ACEN President and Chief Executive Officer Eric T. Francia said. “Ninety percent of our capex (capital expenditure) is cost of capital and that remains elevated and more than offsets the low solar panel prices,” Mr. Francia said. Mr. Francia said President Donald J.