MANILA, Philippines — Hydropower developers are pressing the government to implement higher feed-in tariff (FIT) rates for run-of-river (ROR) projects to attract fresh capital and fully unlock the technology’s untapped potential.

Developer group Philhydro Association Inc. is hoping to address the current bottlenecks that slow down developments in the hydropower industry through a whole-of-government and whole-of-industry effort.

MANILA, Philippines — Saavedra-led Citicore Renewable Energy Corp. (CREC) has gained greater confidence in its bold expansion strategy following its strong performance from January to September.

A FORMER undersecretary of the Department of Energy (DOE) and current Manila Water Company Inc. (Manila Water) president will lead the new gas unit of Razon-led Prime Infrastructure Capital Inc. (Prime Infra).

ECOSOLAR Energy Corp., a Yuchengco group company, was granted an environmental compliance certificate (ECC) for its proposed 20-megawatt (MW) battery energy storage system (BESS) in Panitan, Capiz.

LISTED Citicore Renewable Energy Corp. (CREC) saw its third-quarter (Q3) attributable net income rise by 18.21% to P242.02 million.

Five months after announcing the majority stake sale, Lopez-led First Gen Corp. (FGen) and Razon-led Prime Infrastructure Capital Inc. (Prime Infra) have reached financial close on the ₱50-billion gas business transaction.

MANILA, Philippines — The sustainable mobility arm of Pangilinan-led Manila Electric Co. (Meralco) has teamed up with Megaworld Corp. to deploy electric buses across the property giant’s townships.

PetroEnergy Resources Corp. (PERC) reported a 16.6-percent drop in net income in the first nine months of 2025 to P577.12 million from P691.96 million in the same period last year due to lower oil revenues from its Gabon operations.

ALTERNERGY Holdings Corp., through its wind subsidiary, is acquiring a majority stake in the developer of the 80-megawatt (MW) Alegria Cebu Wind Project, marking its entry into the Visayas renewable energy market.