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Press Releases

GBP supports Brigada Eskwela 2022

GBP supports Brigada Eskwela 2022

Global Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), joins this year’s Brigada Eskwela kick-off with the theme , ‘’Brigada Eskwela: Tugon sa hamon ng ligtas na balik-aral’’. The...

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GBP, CANVAS partner to promote reading literacy

GBP, CANVAS partner to promote reading literacy

GBP scholars showing the books they’ve received, authored by CANVAS. This partnership forms part of the non-profit organization’s ‘One Million Books for One Million Filipino Children’ campaign. Global Business Power Corporation (GBP), in collaboration with the Center...

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In the News

GBP starts solar plant construction in Rizal

By Jordeene Lagare Manila Times   Global Business Power Corp. (GBP), through subsidiary PH Renewables, Inc. (PHRI), started the construction of its 115-megawatt (MW) solar power plant in Baras, Rizal. The solar facility, located within a 135-hectare area inside...

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Meralco nears full coverage

By Maria Romero The Daily Tribune   Tycoon Manuel V. Pangilinan-led Manila Electric Company (Meralco) is only several households away from hitting a long-held target to connect all households in its franchise area to the electricity network. During the company’s...

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Meralco says sales in April rose 3% after lax ECQ rules

By Alena Mae Flores Manila Standard Manila Electric Co., the biggest retailer of electricity, posted a three-percent increase in sales in April, reflecting a recovery from demand year-on-year. Meralco attributed the higher April sales to “mainly due to less strict...

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Meralco sales volume up

By Danessa Rivera Philippine Star   MANILA, Philippines — Manila Electric Co. (Meralco) managed to grow its sales volume by three percent in the first four months of the year, showing signs of recovery despite the continuing pandemic. “The first few months of the...

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Firm’s ER 1-94 remittances help build lab in Iloilo City

By Manila Standard   Global Business Power Corporation (GBP), through subsidiaries Panay Energy Development Corporation (PEDC) and Panay Power Corporation (PPC), has supported Iloilo City and its efforts to fight COVID-19 through Energy Regulations 1-94 (ER 1-94)...

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Meralco to source 1,500-MW renewable power in next 5 years

By BusinessWorld   MANILA Electric Co. (Meralco) plans to draw on renewable energy (RE) sources for 1,500 megawatts (MW) of its power needs in the next five years as the firm ramps up the construction of utility-scale renewables plants, a company official said on...

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Belated reaction

By Mary Ann Reyes Philippine Star   The scorching heat we are currently experiencing is due to the fact that we are still in the so-called Philippine summer months, so-called since we do not actually have a summer season. Unfortunately, because most of us are...

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Meralco secures favorable outlook

By Chito Lozada The Daily Tribune    Dominant power distributor Manila Electric Co. (MER) shares remain attractive as a result of recent diversifications and it may even give a 35.44 percent a year upside from its current trading price of P274 to around P370...

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BulacanSol provides Phl clean, renewable energy

By Joe Zaldarriaga The Daily Tribune    According to the National Oceanic and Atmosphere Administration, the last four years have been the warmest in 139 years. The current warming trend is the result of human emissions of greenhouse gases into the atmosphere,...

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