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MGreen, Chinese firm ink solar plant contracts

MGEN Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), has signed engineering, procurement and construction (EPC) contracts with a Chinese firm for two solar power plant projects in Luzon.

MGreen completes investment in SPNEC

MGen Renewable Energy Inc. (MGreen), a unit of Manila Electric Co. (Meralco), has completed its P15.9-billion investment in SP New Energy Corp. (SPNEC) and has taken a controlling stake in the solar company. Late last week, SPNEC received the approval of the Securities and Exchange Commission (SEC) to amend its…

MGen completes takeover of SPNEC

MGen completes takeover of SPNEC
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MGen optimistic of reaching RE goal before 2030—exec

Meralco PowerGen Corp. (MGen), the power generation business of the Manila Electric Co. (Meralco), is optimistic that it would achieve its target renewable energy (RE) portfolio of 1,500 megawatts (MW) before 2030. “Our target is 1,500 MW of RE by 2030, but it can be earlier. It depends on when…

MGEN to achieve target ahead of 2030 schedule

MGEN to achieve target ahead of 2030 schedule
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