Press Releases
MGEN, ACWA Power Present Renewable Energy Strategy to President Ferdinand R. Marcos Jr.
Photo Credit: Presidential Communications Office President Ferdinand R. Marcos Jr. meets with Meralco PowerGen Corporation (MGEN) and ACWA Power executives to advance a strategic public-private partnership driving renewable energy development in the Philippines. Seen...
MGEN Unit, Philippine Red Cross Renew Partnership for Lifesaving Bloodletting Campaign
MThermal employees share their support for community health through voluntary blood donation efforts. Pasig City, Philippines – Meralco PowerGen Corporation (MGEN), through its subsidiary Global Business Power Corporation (MThermal), have renewed their partnership...
DOE Reaffirms Atimonan Power Plant as a Committed Project
MEDIA STATEMENT Atimonan Energy Project Set to Deliver Cost-Effective, Reliable Baseload Power for Luzon Pasig City, Philippines — 28 July 2025 — The Department of Energy (DoE) has reaffirmed the status of Atimonan Energy Power Plant project as a committed project...
MGEN, One Meralco Foundation Ink Over ₱15M Deed of Donation to Uplift Host Communities
MGEN and OMF partner for community impact in Cebu and Panay. Seen on the photo (from L-R) are: Meralco Executive Vice President & COO and OMF Trustee Ronnie L. Aperocho, OMF President Jeffrey O. Tarayao, MThermal President & CEO Jaime T. Azurin, MGEN President...
MGEN to Build 49MW Battery Energy Storage Facility in Cebu
Pasig City, Philippines — 21 July 2025 – Meralco PowerGen Corporation (MGEN) is set to develop a 49-megawatt (MW) Battery Energy Storage System (BESS) in Toledo, Cebu as part of its efforts to enhance grid stability and support the country’s energy transition. The...
In the News
Meralco secures favorable outlook
By Chito Lozada The Daily Tribune Dominant power distributor Manila Electric Co. (MER) shares remain attractive as a result of recent diversifications and it may even give a 35.44 percent a year upside from its current trading price of P274 to around P370...
BulacanSol provides Phl clean, renewable energy
By Joe Zaldarriaga The Daily Tribune According to the National Oceanic and Atmosphere Administration, the last four years have been the warmest in 139 years. The current warming trend is the result of human emissions of greenhouse gases into the atmosphere,...
Rizal solar plant
By Manila Standard PH Renewables Inc., a subsidiary of Global Business Power Corp., celebrates the groundbreaking of its first solar power plant in the Philippine Communications Satellite Corp. grounds in Baras, Rizal. With a capacity of 115-megawatt peak, the project...
115MW solar farm to power Luzon
By Maria Romero | Daily Tribune Global Business Power Corporation (GBP) subsidiary PH Renewables Inc. has started construction of a 115-megawatt (MW) solar power plant in Baras, Rizal. The project is expected to commence commercial operations in 2022. The solar...
Global Business Power to build 115MWp solar plant in Rizal
By Myrna Velasco | Manila Bulletin Global Business Power Corporation (GBP) of businessman Manuel V. Pangilinan’s conglomerate, will be building a 115-megawatt peak (MWp) solar power facility in Rizal that it targets to bring on commercial stream next year. The...
Philippines’ further shift to clean energy
By Adrian Paul B. Conoza BusinessWorld The country’s energy grid continues to shift away from traditional sources and further to renewable ones. This was highly noticed in the past months as concerns on individual health and environmental welfare heightened...
50¬MW Bulacan solar power plant starts operation
By People’s Journal Sunday The Luzon grid has additional sources of dean and renewable energy as PowerSource Hist Bulacan Solar, Inc. has started commercial operations. This, as the Energy Regulatory Commission cleared the commercial operation for the 50megawatt...
50-MW BulacanSol power plant: Powering the good life through sustainable energy
By BusinessWorld MERALCO PowerGen Corp. (MGen) is taking serious strides on the renewable energy front with the start of commercial operations of its first solar power plant. Now called BulacanSol, the newly completed power station now provides clean and...
Bulacan solar energy facility goes online
By Jordeene Lagare Manila Times PowerSource First Bulacan Solar Inc. (PFBSI) has switched on its 50-megawatt (MW) solar power plant in San Miguel, Bulacan. The P4.25-billion solar facility, now called BulacanSol, commenced commercial operations and is providing...
MGen’s 50-MW solar plant starts operations
By Myrna Velasco Manila Bulletin The load network of Manila Electric Com pany (Meralco) has gained additional supply source in these summer months, as the 50 megawatt PowerSource First Bulacan Solar Inc. (PFBSI) of its subsidiary Meralco PowerGen Corporation...