Press Releases
MGreen gets funding for solar projects
MGEN Renewable Energy, Inc. (MGreen) has secured equity funding amounting to P424 million that will be used to invest in various solar projects under development. These solar projects have a combined capacity of 210 megawatts (MW) and total combined project cost of...
Meralco to Invest in 1,000MW Green Energy Projects
MERALCO POWERGEN PRESIDENT AND CEO ROGELIO L. SINGSON AND MERALCO PRESIDENT AND CEO ATTY. RAY C. ESPINOSA Manila, Philippines (June 5, 2019) – Manila Electric Co. (MERALCO) today announced a significant expansion of its plans to invest in renewable energy...
Atimonan ready for development; gets new land use plan
IN PHOTO (L-R): Architect Grace Ramos of Grandt Planners, Inc.; Atimonan One Energy, Inc. (A1E) Development Manager Christopher Chua; Atimonan Mayor Rustico Joven Mendoza; MERALCO PowerGen (MGen) President & CEO Rogelio Singson; and MGen Executive Vice President...
In the News
‘Double whammy’ poses power woes
Imagination means savings Meralco PowerGen president Rogelio Singson counts the many ways to save energy amid a power deficiency as summer season begins. ROY PELOVELLO The energy shortfall is expected to last until June mainly as a result of increased...
Plant tied up; power runs short
Meralco PowerGen president and chief executive officer Rogelio Singson The Manila Electric Co. (Meralco) is back in the power business through a subsidiary. However, it is going through legal hurdles to get its projects going in Luzon that now contends...
Atimonan project costs rise by P15B due to PSA approval delay
MERALCO Powergen Corp. (MGen) said the continuing delay in the approval of the power supply contract for its Atimonan coal-fired power plant had jacked up the project’s cost by P15 billion. “If my numbers are correct, I think nasa mga (it’s at about) P15 billion, kasi...
MGen shifts focus to hiking renewable energy capacity
The power generating arm of Manila Electric Co. (Meralco) will focus on developing its renewable energy (RE) capacity of 1,500 megawatts (MW) in the next three to five years as it looks to disrupt its own legacy distribution business, its top official said. Meralco...
Meralco unit eyes 1,500MW RE capacity
A SUBSIDIARY of Manila Electric Co. (Meralco) is targeting to build a renewable energy (RE) portfolio of 1,500 megawatts (MW) over the next three to five years. At the sidelines of the Wednesday Roundtable at Lido Cocina Tsina in Quezon City, Meralco PowerGen Corp....