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Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

President Marcos hopes Congress passes nuclear investments bill

President Marcos expressed hope that Congress would pass bills allowing US nuclear firm Ultra Safe Nuclear Corp. (USNC) to undertake its project in the Philippines as the government continues to explore ways to ensure access to clean and affordable energy sources......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Meralco expects energy sales to grow this year

Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Powering a greener future together: Meralco partners with McDonald’s on sustainability efforts

Meralco, the largest power distributor equipped with expertise in green initiatives, joined forces with McDonald’s to power the implementation of eco-friendly practices within its restaurant operations......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

Meralco units join forces for sustainability initiatives

Manila Electric Co. local retail electricity supplier MPower and social development arm One Meralco Foundation have joined forces for programs that seek to build a sustainable future for the country......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

One Meralco plants 125,000 mangroves on World Wetlands Day

One Meralco Foundation the social development arm of the Manila Electric Co. (Meralco), celebrates this year’s World Wetlands Day by planting and nurturing 125,000 native mangroves in Del Carmen in Siargao Islands, Surigao del Norte......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Century Pacific expands RE initiatives

Century Pacific Food Inc., the listed food and beverage company of the Po family, is expanding its renewable energy initiatives......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

NSC weighs in on China floating nuclear reactors

It will be a threat to Philippine national security if China pushes through with its reported plan to use floating nuclear power plants in the South China Sea, a national security official said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

Meralco proceeds on nuclear option

Manila Electric Co. will proceed on conducting a formal feasibility study for its development of micro modular reactors, a nuclear power system, following the completion of its pre-feasibility study......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted

Iran fires air defense batteries at Isfahan air base and nuclear site after drones spotted.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Mission impossible: Embracing the nuclear ‘explosion’

A nuclear “explosion” of sorts could be on the horizon for the Philippines – one which could ensure a sustainable, sufficient and clean source of electricity for future generations, or one which could put the country in a deep hole......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Putin: Sending Western troops to Ukraine risks global nuclear war

Putin: Sending Western troops to Ukraine risks global nuclear war.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7

TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Canada backs Philippines energy transition

Canada has committed to support the Philippines in its energy transition, particularly in diversifying into cleaner sources of power such as nuclear......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024