MANILA Electric Co. (Meralco) over the weekend said it would source an increasing portion of its supply portfolio from renewable energy (RE) as part of a long-term sustainability strategy.
Meralco said it contracted 1,880 megawatts (MW) of RE capacity from various suppliers, breaching its initial target of 1,500 MW, in compliance with the Department of Energy's Renewable Portfolio Standards (RPS) policy.
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