Companies

By DIEGO C. CAGAHASTIAN On its inauguration last July 14, the  MTerra Solar project in Gapan City, Nueva Ecija was praised by President Ferdinand Marcos Jr. as “the world’s largest solar project” adding it will greatly boost the energy security of the Philippines. Although the accolade “largest solar project in the world” might be a little stretched, the MTerra is …

Prime Energy has successfully completed a month-long maintenance turnaround of the Malampaya Deep Water Gas-to-Power Project, with gas delivery resuming as planned on July 15. The extensive maintenance project involved complex engineering and inspection activities across offshore facilities, subsea infrastructure, and the onshore gas plant in Batangas to ensure operational reliability. Beyond routine maintenance, this turnaround was crucial for preparing …

The SM Foundation successfully conducted its 50th medical mission of the year in San Pablo City, delivering over 1,500 free healthcare services to residents across 10 barangays. This initiative, which was a collaborative effort involving various organizations such as SM Supermalls, the City Health Office, and the Philippine Red Cross, provided a wide range of services, including medical and optical …

Laguna Water is proactively addressing the potential impacts of El Niño to ensure a reliable water supply for its customers. The company continuously monitors its water sources, optimizes system operations, conducts preventive maintenance, and intensifies initiatives to reduce non-revenue water to improve efficiency. To bolster its water security, the company maintains an approximate 20% water buffer and operates key infrastructure …

San Miguel Corporation (SMC) is nearing the completion of a ten-month maintenance cleanup along the San Juan River, having successfully removed over 116,000 metric tons of waste and silt. This recent initiative, which covers 6.1 kilometers of the waterway from the Pasig River junction to Talayan in Quezon City, serves to preserve the progress made during the company’s extensive 2022–2024 …

The Philippine National Oil Co. (PNOC) and the Maharlika Investment Corp. (MIC) signed a memorandum of understanding (MOU) to explore the development of a storage tank farm project in Bataan. In a statement on Thursday, the MIC said this is part of government efforts to have a strategic petroleum storage initiative by 2028. The agreement was signed by Franz Josef …

The Energy Regulatory Commission (ERC) said last week that it is completing the inspection of the assets and facilities of the Manila Electric Company (Meralco) before deciding on the electric utility’s petition to raise its average distribution charge by September this year. According to ERC Chairperson and CEO Francis Saturnino Juan, the agency has already started the evaluation and informal …

Private businessmen and bidders are not interested in the plan of the Philippines and the United States (US) State Department to develop a ₱2.5-billion information and communications technology (ICT) infrastructure in New Clark City, Capas, Tarlac. The IT hub and microchip processing plant are at the heart of the US-sponsored Pax Silica project to rationalize its supply chains of important …

Leaders of the telecom industry have realized that their efforts to defeat illegal networks and infrastructure theft should be firm and united. Converge ICT Solutions Inc. CEO and co-founder Dennis Anthony Uy disclosed that he has been meeting with other industry leaders recently to talk about the protection of telco assets. The meeting revolved around how the public and private …

Japanese businesses in the Philippines will soon experience a heightened adoption of solar energy solutions. This became clear as MSpectrum Inc., a subsidiary of Manila Electric Co. (Meralco), has formed a joint venture with two Tokyo-based firms to accelerate the solar adoption of Japanese businesses in the Philippines. The Meralco unit will establish MSpectrum Taiyo Inc. with Tokyo Century Corp. …