Meralco seals 1.25-MW biogas power supply deal
Provided by Philippine Daily Inquirer.
MANILA, Philippines - Manila Electric Co. (Meralco) has inked a deal to procure 1.25 megawatts (MW) of renewable power from First Quezon Biogas Corp. (FQBC) by mid-2026.
In a statement on Monday, the Pangilinan-led group said the power would be sourced from FQBC’s biogas facility in Candelaria in Quezon province.
The 20-year power supply agreement (PSA) will begin on June 26, 2026.
READ: Meralco on track to hit P50-B core earnings goal
“We hope that the signing of the PSA would encourage more investment in biogas to help local communities and to further develop this type of renewable energy technology,” Meralco senior vice president and head of Regulatory Management Jose Ronald Valles said.
“Per procedure, the PSA will now be submitted to the Energy Regulatory Commission for review and approval,” the official added.
The deal would also support Meralco’s compliance with the Department of Energy’s renewable portfolio standards, which require industry players to source 11 percent of their power sales from clean energy sources.
The mandated players are the electric cooperatives, distribution utilities and retail suppliers.
So far, the company has already secured 1,535 MW of renewable energy capacity.
Meralco slashes energy sales forecast for 2025
By 2030, renewables are expected to account for 26 percent of the power distributor’s supply portfolio.
Meralco is the biggest power distributor in the Philippines, serving more than 8 million customers in Metro Manila, Bulacan, Cavite, Rizal, and select areas in Pampanga, Laguna, Batangas, and Quezon.
In April, President Marcos extended Meralco’s franchise until 2053.
Following this, Meralco said it would conduct a series of auctions this year to procure more than 2,000 MW of power supply it would need from 2026 to 2046. This will include 450 MW of midmerit requirements and 900 MW of baseload capacity.
The midmerit capacities would serve as gap fillers, ready to ramp up supply in case electricity fluctuates throughout the day.
Baseload power plants, meanwhile, deliver a steady supply of electricity.
(2025/08/05-02:04)
To read a full story, please click here to find out how to subscribe.
INQUIRER
- 08/19 13:45 Teachers to Sara Duterte: Don’t pretend you’re not part of education woes
- 08/19 13:00 DPWH confirms existence of 'ghost' flood control projects in Bulacan
- 08/19 12:12 Marcos: Zero-balance billing in DOH hospitals ‘succeeding’
- 08/19 10:30 ‘Withdrawal’ symptoms to watch out for as e-wallets remove online gambling sites
- 08/19 05:20 Maritime council rules out deployment of PH warships to Panatag
- 08/19 04:50 Most Filipino trafficking victims end up in 4 Southeast Asian countries
- 08/19 02:07 SEC: Crypto trading still allowed in the Philippines
- 08/19 02:06 Export woes seen worsening Philippines' external position
- 08/19 02:05 Philippine insurers post better Q2 results
- 08/18 16:51 Gov’t seen to borrow P2.7 trillion to cover fiscal deficit in 2026
- 08/18 15:41 ‘Major loss of face’: China experts weigh in on ‘news blackout’ of Scarborough collision
- 08/18 13:53 DENR: PH air quality 'improved' in 2024
- 08/18 12:58 DOTr to increase capacity of creek in Manila to hold floodwater
- 08/18 12:09 Licensed gambling operators insist: ‘Where illegality thrives, protection vanishes’
- 08/18 08:49 BSP’s next policy rate move seen shaping stocks direction
- 08/18 05:36 Government’s main economic policy body reorganized
- 08/18 05:30 Gambling sites start moving to other apps
- 08/18 05:30 Filmmaker hopes WPS docu ‘unites Filipinos’
- 08/18 02:12 Brazil seen shipping more pork to the Philippines
- 08/18 02:10 Palay prices start rising before import ban
- 08/15 14:41 Junked rail loans show China is unfit as partner – analysts
- 08/15 09:42 CCG ship spotted 'pretty close' to Manila Bay to 'intercept' PCG vessel
- 08/15 09:19 Marcos, S. Korean leader reaffirm strategic partnership in phone call
- 08/15 07:00 Tariff tantrum, growth woes sour equity investors’ appetite
- 08/15 05:36 Palace: Intel funds not bad if ‘spent properly’
- 08/15 05:30 Civil society groups get budget ‘observer’ role
- 08/15 02:34 Moody’s: Asia-Pacific banks well-capitalized amid tariff woes
- 08/15 02:14 Philippine vehicle sales inched up by 1.4% as of July
- 08/14 22:15 West PH Sea: PAF eyeing Black Hawk choppers' upgrade for longer mission
- 08/14 14:40 32 million adult Filipinos are gamblers, Pagcor records show
- 08/14 13:31 BSP to e-wallets: Unlink from e-gambling sites within 48 hours
- 08/14 12:50 During 60-day rice import ban, DA to keep P43 per kilo MSRP
- 08/14 10:01 House fulfills budget reform pledge; sends 2026 NEP copy to CSOs
- 08/14 05:38 PhilHealth now given P53B; zero for Akap
- 08/14 05:32 Filipino worker deported from US over video of him kissing son
- 08/14 05:22 2 US warships deployed off Panatag days after Chinese ships’ collision
- 08/14 02:30 Corruption, political jitters threaten Philippine economic momentum
- 08/13 17:06 Diokno calls for teaching of WPS history to primary, secondary students
- 08/13 16:25 Chinese fighter jet tails PH Coast Guard aircraft over West PH Sea
- 08/13 16:12 High gold prices boost Apex Mining H1 profit by 70% to P3.2B
- 08/13 16:07 Senate adopts resolution to strengthen budget process with transparency
- 08/13 15:45 Geneva showdown: High-stakes Global Plastics Treaty talks could shape PH future
- 08/13 14:56 Prime Infra sets watershed safeguards for $5-B Laguna hydro project
- 08/13 14:38 LTO attains P19B revenue collection, targets to hit P34B in 2025
- 08/13 13:41 Marcos urges Congress to ‘swiftly enact’ P6.793-T 2026 budget
- 08/13 05:38 China’s search, rescue ops tracked at Panatag
- 08/13 02:26 Bad loans slip to 3-month low, but banks remain cautious
- 08/13 02:14 Century Pacific buys American legacy brand Loma Linda
- 08/12 13:41 Marcos open to Charter change via Con-con to close loopholes – Palace
- 08/12 13:28 Chinese ship movement in West PH Sea indicates search, rescue – monitor
- 08/12 12:59 Palace: Sara Duterte should’ve answered fund misuse claims earlier
- 08/12 12:35 Escudero denies helping contractor, admits P30M campaign donation
- 08/12 12:22 Palace hits Sara Duterte’s overseas rants vs Marcos administration
- 08/12 12:11 PH’s largest science museum opens
- 08/12 02:16 Recto weighs general tax amnesty program
- 08/12 02:15 FDI growth hit 7-month high of 21.3% in May
- 08/12 02:14 Recto: No plans to raise rice tariffs
- 08/12 02:13 Exemption of Philippine semiconductors from 100% US tariffs pushed
- 08/11 14:57 Makabayan to refile Duterte impeachment if SC won’t reverse order
- 08/11 14:26 24/7 help desks installed for Filipino minors with travel clearance concerns
- 08/11 13:56 West PH Sea: Senators warn of risks after China ships collide off Panatag
- 08/11 10:52 Marcos bares 15 contractors bag P100-B flood control deals: ‘Disturbing’
- 08/11 10:03 DigiPlus surges 20% on PSEi frenzy
- 08/11 09:09 Marcos unveils website for info, feedback on flood control projects
- 08/11 02:12 PH poised for slower growth over next 18 months
- 08/11 02:07 Philippine chipmakers eye markets other than US
- 08/08 14:50 PH licensed gaming operators form alliance to improve industry amid gov’t review
- 08/08 10:18 3 armed China Coast Guard ships seen ‘bracketing’ Batanes
- 08/08 09:40 SMC's Ang offers to clean waterways, solve flooding in Metro Manila
- 08/08 07:40 Fisherfolk find suspected underwater drone off Pangasinan
- 08/08 05:36 Forbes list: 50 richest in PH grow wealth to $86 billion
- 08/08 05:06 Managing river systems key to addressing flooding – DOST chief
- 08/08 02:30 Philippine semiconductor sector fears ‘devastating’ US tariffs
- 08/07 20:16 Canada wants to deepen trade ties with the Philippines
- 08/07 14:45 West PH Sea: PCG urges Chinese envoy to explain continued ship presence
- 08/07 13:51 Marcos arrives in Bangalore
- 08/07 13:42 Archiving of Sara Duterte's impeachment to spark more protests – group
- 08/07 13:19 Makabayan bloc set to file SC appeal on Sara Duterte impeachment
- 08/07 12:22 Solons hit Escudero, Cayetano: Issues vs Sara Duterte are real
- 08/07 12:21 BIR files tax evasion raps vs buyers of ‘ghost receipts’ worth P1.41B
- 08/07 10:18 Philippine GDP expands by 5.5% in second quarter
- 08/07 09:56 3 CCG ships pass near Batanes in ‘very unusual’ pattern – WPS tracker
- 08/07 09:23 Meet the Philippines’ richest; Sy family still leads the pack
- 08/06 15:47 Marcoleta moves for Senate's dismissal of Sara Duterte impeachment case
- 08/06 14:58 Chokehold of maritime trade route seen as aim of China aggression
- 08/06 14:40 Puregold net income up 7.1% to P5.3 billion in first half
- 08/06 14:39 OVP ‘ready for any eventuality’ amid possible 2026 budget cuts
- 08/06 14:10 PH, India keen on opening more flights to boost tourism
- 08/06 14:07 Senate can junk impeachment, reconvene if SC reverses order – Bucoy
- 08/06 13:40 Cebu Pacific’s 6-month profit soars to P8.97 billion
- 08/06 12:14 Marcos says India state visit ‘one of the most productive' trips
- 08/06 11:19 Philippine agricultural output expands by 5.7% in Q2
- 08/06 02:11 Inflation cools to 0.9% as rice prices drop
- 08/05 13:27 10 electric cooperatives offer lower rates than Meralco
- 08/05 12:44 Chinese research ship may have collected intel off Babuyan Island
- 08/05 11:57 SC urged to resolve Sara Duterte impeachment appeal with ‘utmost care’
- 08/05 11:05 New law allows president to reorganize, streamline executive agencies
- 08/05 02:11 DA recommends gradual hike of tariff on imported rice
- 08/05 02:07 Exporters fear fallout from 19% Trump tariff
- 08/05 02:04 Meralco seals 1.25-MW biogas power supply deal
- 08/04 23:37 Marcos meets with Filipinos in New Delhi, bares deeper ties with India
- 08/04 17:04 Marcos arrives in India for five-day state visit
- 08/04 15:14 AFP: 2 China warships seen near PH-India patrol in West PH Sea
- 08/04 14:28 Apple Pay, Google Pay don’t need BSP approval to operate in PH – official
- 08/04 13:13 De Lima: Senate can still hold impeachment trial, if SC reverses order
- 08/04 12:24 Senate wants entire budget process posted on gov’t website
- 08/04 10:55 DA proposal to Marcos: Suspend rice importation, reinstate 35% tariff
- 08/04 10:45 Marcos flies to India for 5-day state visit
- 08/04 02:13 Philippines' GDP growth in Q2 pegged at faster 5.6%
- 08/04 02:07 EDC eyes $540-M boost to geothermal power plant fleet
- 08/01 05:48 Duterte lawyers won’t present witnesses at September ICC hearing
- 08/01 02:20 DA expects record rice output despite heavy rains
- 08/01 02:18 ‘Not happy’ with 6% growth, Balisacan says 2040 vision no longer feasible
- 07/31 14:19 Caap warns airmen of potential hazards from Chinese rocket debris
- 07/31 12:26 Hontiveros: Voting to dismiss Sara Duterte impeachment trial ’premature’
- 07/31 11:49 Marcos to go on state visit to India from August 4 to 8
- 07/31 11:24 BIR, Landbank to create VAT portal for foreign digital services providers
- 07/31 11:02 SSS sets 3-year pension increase without contribution hike
- 07/31 10:04 Peso weakens to 58:$1 as steady Fed rate extends dollar gains
- 07/31 05:44 DPWH sets 6-month Edsa rehab in 2027
- 07/31 05:42 PAOCC sees link between e-gambling, online lending apps
- 07/31 02:24 Philippine June export growth at 14-month high
- 07/30 19:24 AFP conducts back-to-back military engagements with Japan, Vietnam
- 07/30 14:51 Bill seeking to punish scammers who abuse mobile disaster alerts filed
- 07/30 14:15 PAOCC warns vs online lending apps: Complaints reach 156,000 a month
- 07/30 13:10 PAOCC favors total ban on online gambling: ‘It ruins lives of families’
- 07/30 12:04 Russia earthquake: Filipinos in Hawaii urged to heed tsunami alerts
- 07/30 11:46 Infra damage due to habagat, cyclones reaches over P9 billion – NDRRMC
- 07/30 11:32 Strong export growth trims Philippine trade deficit in June
- 07/30 02:12 Recto: PH may lose P3B to P6B a year in US trade deal
- 07/30 02:11 August BSP rate cut still ‘on the table,’ says Remolona
- 07/29 18:00 9 Filipino crewmen of MV Eternity C held by Houthi rebels - DMW
- 07/29 14:45 DPWH chief cites challenges to flood control projects
- 07/29 14:03 NBI nabs Chinese woman at Naia for posing as Filipino using fake docs
- 07/29 13:32 Romualdez backs Marcos’ budget reform call: No backroom talks
- 07/29 12:33 Escudero sees no need to convene impeachment court after SC ruling
- 07/29 10:40 DigiPlus, Bloomberry open higher after Sona silence
- 07/29 10:07 UAE grants pardon to 68 Filipino detainees, says DFA
- 07/29 05:40 Speaker asserts ‘exclusive duty’ of House to impeach officials
- 07/29 02:12 Trade deals boosting risk appetite in Asia, including the Philippines
- 07/29 02:11 Maynilad wins cornerstone investor support
- 07/29 02:06 Meralco on track to hit P50-B core earnings goal
- 07/25 11:51 Marcos confers Order of Sikatuna on outgoing Australian ambassador
- 07/25 11:29 Marcos on health in rural areas: Going to hospitals is ‘extremely difficult’
- 07/25 10:05 SES looking at bringing satellite telecom services in PH rural areas
- 07/25 09:38 25 persons dead, 8 missing amid habagat, cyclones onslaught – NDRRMC
- 07/25 05:40 Seeing the bright side of 19% tariff on PH exports to US
- 07/25 05:38 Gov’t urged to protest US’ ‘unjust’ treatment of OFWs
- 07/25 05:30 GSIS president defends stock market pick
- 07/25 05:30 Prosecutors’ ‘rogue’ acts in de Lima case hit
- 07/25 02:32 Worst is over for Philippines’ property sector – report
- 07/24 13:29 Group slams ‘unjust, inhumane’ deportation of Filipino seafarers in US
- 07/24 12:31 Marcos wants ‘semi-permanent’ disaster response
- 07/24 05:42 Prosecutors withdraw appeal of De Lima’s acquittal in drug case
- 07/24 02:32 PH poised for slowest post-COVID growth amid tariff onslaught
- 07/24 02:26 Tax relief could help shield Philippine exporters from US tariffs
- 07/24 02:22 ICTSI raises stake in Brazil shipyard to 73%
- 07/24 02:18 Online gambling is a ‘manageable form of recreation,’ study says
- 07/23 17:31 US State Dep’t announces P3-B aid to PH during Marcos’ Washington visit
- 07/23 14:15 Erwin Tulfo: Marcos freezes flood control funds due to irregularities
- 07/23 13:34 Habagat, Crising affect 1.9M Filipinos – OCD
- 07/23 13:31 Prosecutors back down in de Lima case
- 07/23 12:55 Palace: 19% US-imposed tariff has minimal effect on PH economy
- 07/23 05:40 Marcos at Pentagon: Thanks for help vs threats
- 07/23 02:08 Digital bank deposits in the Philippines cross P100-B mark
- 07/22 11:18 SEC flags ‘alarming’ rise in job offer scams
- 07/22 11:13 At 50, EEI still on the prowl for new business opportunities
- 07/22 10:19 Las Piñas lawmaker seeks prioritization of rice tariff law amendments
- 07/22 05:55 House won’t reply to 3 SC queries on impeach raps
- 07/22 05:27 US reaffirms defense aid for PH, support in West Philippine Sea
- 07/22 05:05 Judge denies Quiboloy bail in qualified trafficking cases
- 07/22 04:55 Filipino seafarer decries ‘harassment’ by US officers
- 07/22 02:08 Philippines, EU take step closer to forging trade deal
- 07/22 02:06 SEC sanctions more erring lending firms
- 07/22 02:02 FPIP locators tap renewable energy through First Gen unit
- 07/21 13:19 Romualdez wants more disaster hubs, law to make PH more resilient
- 07/21 12:47 Raffy Tulfo pushes for travel tax exemption for Filipinos flying economy
- 07/21 11:55 SEC: CMEPA to boost Filipinos’ long-term savings
- 07/21 05:55 Marcos goal: A trade deal unique to US-PH ties
- 07/21 05:30 DOJ: Sexual exploitation tops PH trafficking cases
