Meralco unit spending P18b in more solar, wind projects

By Alena Mae S. Flores

MERALCO PowerGen Corp., the power generation arm of Manila Electric Co., announced over the weekend an investment of about P18 billion to accelerate its renewable energy buildout in line with the group’s long-term sustainability strategy. The investment will cover more than 2,000 megawatts of gross RE capacity from solar and wind that the company, along with its partners, aims to build through 2030.

MGen, through renewable energy unit MGen Renewable Energy Inc., targets to bring its attributable RE capacity to 1,500 MW with investments in more and larger green energy projects, including battery energy storage systems.

JAPAN’S DONATION. Japan’s Ministry of Agriculture, Forestry and Fisheries turns over 10,000 bags of milled rice for the families affected by the eruption of Mayon Volcano under the Tier 3 Program of ASEAN Plus Three Emergency Rice Reserve. Attending the turnover ceremony are (from left) APTERR Secretariat general manager Choomjet Karnjanakesorn, Department of Agriculture Senior Undersecretary Domingo Panganiban, National Food Administration special assistant to the administrator Roger Navarro and Department of Social Welfare and Development director Michael Christopher