Manila Electric Co. (Meralco) has formalized a partnership with Hubbell Inc. subsidiary Aclara Meters Philippines Inc. to deploy smart meters as part of the distribution utility’s modernization program.
Manila Electric Co. (Meralco) announced an increase of P0.2226 per kilowatt-hour (kWh) in electricity rates for February, reversing two straight months of declines and bringing the overall rate for a typical household to P13.1734 per kWh, from P12.9508 per kWh in January.
Listed SP New Energy Corp. is moving to rebrand and reset its market identity, changing its corporate name to MGEN Renewable Energy HoldingsInc. and stock symbol to MGENR from SPNEC, as it positions itself more clearly as a Meralco-backed renewable platform.
Fifteen power generation companies have joined the Competitive Selection Process (CSP) for Manila Electric Co.’s (Meralco) 200-megawatt (MW) renewable energy (RE) baseload supply requirement.
A unit of Manuel V. Pangilinan-backed Manila Electric Co. said its investment in SP New Energy Corporation (SPNEC) is separate from Solar Para Sa Bayan Corporation (SPBC), amid renewed scrutiny linked to Batangas Rep. Leandro Leviste and his solar microgrid franchise.
Meralco customers will start 2026 with lower electricity bills as the country’s largest power distributor announced another rate cut for January — offering modest but welcome relief amid persistent cost-of-living pressures.
Strong bidder interest in Manila Electric Co.’s (Meralco) latest Competitive Selection Process (CSP) signals continued momentum in the Philippines’ push for renewable energy compliance under the Renewable Portfolio Standards (RPS).
Manila Electric Co. (Meralco) has kicked off a Competitive Selection Process (CSP) to secure 200 megawatts (MW) of baseload renewable energy (RE) capacity, as part of its compliance with the Renewable Portfolio Standards (RPS) and its broader sustainability strategy.
Manila Electric Co. (Meralco) rolled back its electricity rate for December by P0.3557 per kilowatt-hour (kWh), bringing the overall household rate down to P13.1145 per kWh from P13.4702 per kWh in November.