MGen giving P424 million to MGreen for 210 MW of solar-power projects
By Lenie Lectura | Business Mirror THE Manila Electric Co. (Meralco) will provide P424 million to MGen Renewable Energy Inc. (MGreen) to partly finance the development of 210 megawatts (MW) of various solar-power projects. “The company’s board of directors approved...
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...
New Meralco boss bats for more power plants, ‘RE’ initiatives, smaller carbon footprint; Electrification for far-flung communities, industries, a pipe dream no more
By Manila Standard Early this year, Manila Electric Co. (Meralco) switched on its first micro-grid project in Isla Verde, Batangas, a magnet to foreign visitors and a haven for divers. Residents of the island have been subsisting on diesel generator sets from...