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Meralco injects P424M in capital into unit’s solar projects

MGen Renewable Energy Inc. received a major financial boost from its parent firm Manila Electric Co. In a regulatory filing, Meralco said its board approved MGen’s request for equity funding of P424.2 million, which will be used to fund the development of solar projects with combined capacity of 210 megawatts. The projects will require an […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ