Meralco is ready to support initial fleet electrification in the Philippines.
1 report, 1 independent
Updated Jul 22
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What happened
Meralco is ready to support initial fleet electrification in the Philippines.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Meralco
Philippine electric company
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Philippines
archipelagic country in Southeast Asia
- Citicore Renewable Energy Corp. is expanding its renewable energy presence in the Philippines by constructing solar projects in Batangas, backed by syndicated project financing from several banks.
- The Bangko Sentral ng Pilipinas reported on the Balance of Payments (BOP) performance of the Philippines, with economists commenting on the improvement.
Related events
- Pulse Asia conducted a nationwide survey in the Philippines, coinciding with the Department of Energy issuing a circular removing solar barriers.
- Meralco plans service upgrades and expansion to improve power reliability, while Bayan Muna calls for an investigation into electric cooperative issues.
- Juan has been named as the Energy Regulatory Commission chairman overseeing Meralco's operations in Manila.
- Meralco, the country's largest power firm, is owned 48 percent by First Pacific, whose magnate is Salim. Manuel V. Pangilinan serves as Meralco's CEO.
- The Energy Regulatory Commission oversees Meralco's franchise areas and billing, while the Philippine Chamber of Commerce and Industry supports ERC reforms to enhance market competition.