Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  Manila Electric Company    MER   PHY5764J1483

MANILA ELECTRIC COMPANY (MER)
My previous session
Most popular
  Report  
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Manila Electric Company : Meralco hosts German Solar Training Week

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/12/2012 | 06:23am EST

Meralco, in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) of the German Federal Ministry of Economics and Technology and the Renewables Academy (RENAC), hosted the technical training sessions of the German Solar Week Training at the Lineman's Training Camp from Oct. 1 to 5, 2012.

Among the attendees were engineers and representatives from Meralco, other distribution utilities, the Energy Regulatory Commission (ERC) and solar photovoltaic (PV) system integrators. The five-day training is part of Meralco's efforts to prepare for the implementation of the Net Metering program, as mandated by the Renewable Energy (RE) Law of 2008.

German PV experts Sigrid Quisbrok and Richard Schlicht, conducted lectures and practical demonstrations on fundamentals of PV installations and their economics, opportunities and risks. Much emphasis was placed on regulatory issues, capacity building, education requirements and the proposed net metering scheme.

THEORETICAL PART

The workshop started with a discussion of basic concepts and theories led by Quisbrok, who introduced the fundamentals and principles of solar PV systems, different types of solar panels and their application, and the various components of a PV system.

The discussion later delved into the technical planning of grid-connected PV plants. The RENAC lecturer showed an example of a site survey form needed for the assessment of a planned PV site. She also enumerated conditions needed in the evaluation of the site like shading, condition of roofs, angle of inclination, orientation and effects of wind loads.

Lastly, the installation and commissioning of a grid-connected PV system were tackled.

PRACTICAL PART

The lecture was followed by practical training, in which participants analyzed certain locations within the Meralco compound as potential sites for the installation of solar PV panels. One group analyzed the rooftop of the Operations Building while a second group analyzed the Employee Services Building.

After the site analysis exercise, the participants were guided through the construction and commissioning of an actual PV system. The German lecturers, together with the participants, assembled a PV system before connecting it to a live distribution line through a prototype net metering set-up based on the proposed design of the National Renewable Energy Board.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MANILA ELECTRIC COMPANY
01/15RP Energy cancels contract for coal-fired plant in Subic
AQ
01/09ABOITIZ POWER : TMO serves notice to disconnect from electricity supply system
AQ
01/08MANILA ELECTRIC : Meralco prods ERC on capex applications
AQ
2018Meralco-Marubeni consortium offers lowest power distribution rate for New Cla..
AQ
2018MANILA ELECTRIC : Higher generation charges push up power rates for December
AQ
2018MANILA ELECTRIC : Power demand seen to surge in 2019
AQ
2018MANILA ELECTRIC : Meralco billings seen stable in December 2018
AQ
2018MANILA ELECTRIC : Meralco to roll out 1-M prepaid meters
AQ
2018MANILA ELECTRIC : MGen shifts focus to hiking renewable energy capacity
AQ
2018MANILA ELECTRIC : Meralco sees demand for power up 5% this year
AQ
More news
Financials (PHP)
Sales 2018 302 B
EBIT 2018 31 119 M
Net income 2018 21 626 M
Finance 2018 17 449 M
Yield 2018 3,93%
P/E ratio 2018 21,25
P/E ratio 2019 20,22
EV / Sales 2018 1,43x
EV / Sales 2019 1,36x
Capitalization 449 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 351  PHP
Spread / Average Target -12%
EPS Revisions
Managers
NameTitle
Oscar S. Reyes President, CEO & Executive Director
Manuel Velez Pangilinan Chairman
Betty C. Siy-Yap Chief Finance Officer & Senior Vice President
Ray Celis Espinosa Non-Executive Director & General Counsel
Manuel M. Lopez Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
MANILA ELECTRIC COMPANY8 603
DUKE ENERGY CORP-1.34%59 639
IBERDROLA-1.34%51 283
DOMINION ENERGY-4.88%51 119
SOUTHERN COMPANY6.53%47 494
EXELON CORPORATION1.53%43 554