{"id":131255,"date":"2024-05-27T03:03:18","date_gmt":"2024-05-27T03:03:18","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2024\/05\/27\/meralco-seeks-bids-for-500-mw-renewable-energy-supply\/"},"modified":"2024-05-27T03:03:18","modified_gmt":"2024-05-27T03:03:18","slug":"meralco-seeks-bids-for-500-mw-renewable-power-provide","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2024\/05\/27\/meralco-seeks-bids-for-500-mw-renewable-power-provide\/","title":{"rendered":"Meralco seeks bids for 500-MW renewable power provide"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/business.inquirer.net\/files\/2022\/09\/MERALCO-09122022-v02-300x169.png\" \/><\/p>\n<div id=\"article_content\">\n<div>\n<p>MANILA, Philippines \u2014 Manila Electric Co.\u00a0 (Meralco) has began the Competitive Selection Process (CSP) for 500 megawatts (MW) of mid-merit renewable power (RE) capability.<\/p>\n<p>The conduct of this CSP is in compliance with the Department of Energy\u2019s (DOE) coverage on Renewable Portfolio Standards and varieties a part of Meralco\u2019s dedication to securing an rising portion of its provide necessities from RE sources.<\/p>\n<p>The 10-year Power Supply Agreement (PSA) ensuing from this CSP will cowl Meralco\u2019s 350-MW mid-merit requirement beginning February 2025, which is able to enhance by 150-MW starting February 2026.<\/p>\n<p><strong>READ: <\/strong><a href=\"https:\/\/business.inquirer.net\/418404\/meralco-tops-renewable-energy-supply-goal\" target=\"_blank\" rel=\"noopener\"><strong>Meralco tops renewable power provide purpose<\/strong><\/a><\/p>\n<p>Through its bids and awards committee for PSAs, Meralco calls on energy technology firms to submit expressions of curiosity by June 7. The pre-bid convention is scheduled for June 17, whereas the bid submission deadline is ready for July 17.<\/p>\n<p>As a part of its long-term sustainability technique, Meralco has already contracted 1,880 MW of RE capability from numerous suppliers\u2014exceeding its preliminary goal of 1,500 MW.<\/p>\n<p>Through its strategic sourcing initiatives, RE is predicted to account for 22 p.c of Meralco\u2019s provide portfolio by 2030.<\/p>\n<div class=\"sib-form\" style=\"text-align: center; background-color: #ffffff;\" id=\"nl_article_content\">\n<div id=\"sib-form-container-bc\" class=\"sib-form-container-bc\">\n<div id=\"error-message\" class=\"sib-form-message-panel\" style=\"font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;max-width:245px;\">\n<div class=\"sib-form-message-panel__text sib-form-message-panel__text--center\">\n<svg viewbox=\"0 0 512 512\" class=\"sib-icon sib-notification__icon\">\n<path d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-11.49 120h22.979c6.823 0 12.274 5.682 11.99 12.5l-7 168c-.268 6.428-5.556 11.5-11.99 11.5h-8.979c-6.433 0-11.722-5.073-11.99-11.5l-7-168c-.283-6.818 5.167-12.5 11.99-12.5zM256 340c-15.464 0-28 12.536-28 28s12.536 28 28 28 28-12.536 28-28-12.536-28-28-28z\"\/>\n<\/svg><br \/>\n<span class=\"sib-form-message-panel__inner-text\"><br \/>\nYour subscription couldn&#8217;t be saved. Please strive once more.<br \/>\n<\/span>\n<\/div>\n<\/div>\n<div id=\"success-message\" class=\"sib-form-message-panel\" style=\"font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#085229; background-color:#e7faf0; border-radius:3px; border-color:#13ce66;max-width:245px;\">\n<div class=\"sib-form-message-panel__text sib-form-message-panel__text--center\">\n<svg viewbox=\"0 0 512 512\" class=\"sib-icon sib-notification__icon\">\n<path d=\"M256 8C119.033 8 8 119.033 8 256s111.033 248 248 248 248-111.033 248-248S392.967 8 256 8zm0 464c-118.664 0-216-96.055-216-216 0-118.663 96.055-216 216-216 118.664 0 216 96.055 216 216 0 118.663-96.055 216-216 216zm141.63-274.961L217.15 376.071c-4.705 4.667-12.303 4.637-16.97-.068l-85.878-86.572c-4.667-4.705-4.637-12.303.068-16.97l8.52-8.451c4.705-4.667 12.303-4.637 16.97.068l68.976 69.533 163.441-162.13c4.705-4.667 12.303-4.637 16.97.068l8.451 8.52c4.668 4.705 4.637 12.303-.068 16.97z\"\/>\n<\/svg><br \/>\n<span class=\"sib-form-message-panel__inner-text\"><br \/>\nYour subscription has been profitable.<br \/>\n<\/span>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window, document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '607491687857238');\nfbq('track', 'PageView');\n<\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v14.0&#038;appId=242984799059640&#038;autoLogAppEvents=1\" nonce=\"4LqvkamD\"><\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] MANILA, Philippines \u2014 Manila Electric Co.\u00a0 (Meralco) has began the Competitive Selection Process (CSP) for 500 megawatts (MW) of mid-merit renewable power (RE) capability. The conduct of this CSP is in compliance with the Department of Energy\u2019s (DOE) coverage on Renewable Portfolio Standards and varieties a part of Meralco\u2019s dedication to securing an rising [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":131257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[4644,3229,4646,4642,4645,4643,4647],"class_list":{"0":"post-131255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sports","8":"tag-500mw","9":"tag-bids","10":"tag-energy","11":"tag-meralco","12":"tag-renewable","13":"tag-seeks","14":"tag-supply"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/131255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=131255"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/131255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/131257"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=131255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=131255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=131255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}