Meralco

Meralco finally launches solar subsidiary

As reported in various news outlets last 10 January, distribution utility Manila Electric Co. (Meralco) has launched its new solar subsidiary, called Spectrum, that will put up solar power rooftop solutions in commercial, industrial and residential. In a press statement, Meralco said Spectrum's vision is to provide clean renewable, affordable and safe energy solutions to Filipinos today and Filipinos of the future.

Meralco finally launches solar subsidiary

As reported in various news outlets last 10 January, distribution utility Manila Electric Co. (Meralco) has launched its new solar subsidiary, called Spectrum, that will put up solar power rooftop solutions in commercial, industrial and residential. In a press statement, Meralco said Spectrum's vision is to provide clean renewable, affordable and safe energy solutions to Filipinos today and Filipinos of the future.

Solar News Roundup for 15 January 2017

2016 Yearender: Issues create shockwaves for energy sector

Source: Phil Star

Summary: There were several issues for the solar players:

  1. Solar FIT - Parameters were not properly set, so there was industry-wide confusion why some solar players were excluded.

  2. May elections and Change in Leadership – The change in administration meant that proposals now approved by then President Benigno Aquino III remain pending

  3. New Administration’s Energy Plan - energy mix policy that is anchored on ensuring a reliable power supply and lower the price of electricity.

  4. ERC official’s death - Francisco Villa Jr. committed suicide at the comfort of his own home last Nov. 9, shook the ERC.

Solar Energy News Roundup for January 5 2017

Local News:

Meralco to award deal to PowerSource- Solar developer PowerSource First Bulacan Solar Inc. matched the price offer of Asian solar developer Soleq to supply 50 megawatts of solar capacity to retailer Manila Electric Co. Meralco senior vice president and head of customer retail services, corporate marketing and communications Al Panlilio confirmed that PowerSource reduced its initial price offer of P5.39 per kilowatt-hour to P4.69 per kWh.