Category Archives: News
Hydropower developers seeking higher FIT rates
MANILA, Philippines — Hydropower developers are pressing the government to implement higher feed-in tariff (FIT)...
Philhydro seeks ways to elevate hydropower investments in the Philippines
Developer group Philhydro Association Inc. is hoping to address the current bottlenecks that slow down...
CREC bullish on expansion after profit jump
MANILA, Philippines — Saavedra-led Citicore Renewable Energy Corp. (CREC) has gained greater confidence in its...
Manila Water prexy, ex-DOE usec to lead Prime Infra’s gas business
A FORMER undersecretary of the Department of Energy (DOE) and current Manila Water Company Inc....
EcoSolar granted environmental clearance for 20-MW Capiz battery storage project
ECOSOLAR Energy Corp., a Yuchengco group company, was granted an environmental compliance certificate (ECC) for...
Citicore Q3 income climbs 18% on higher electricity sales
LISTED Citicore Renewable Energy Corp. (CREC) saw its third-quarter (Q3) attributable net income rise by...
FGen, Prime Infra close gas business acquisition
Five months after announcing the majority stake sale, Lopez-led First Gen Corp. (FGen) and Razon-led...
Meralco unit, Megaworld rolling out electric buses
MANILA, Philippines — The sustainable mobility arm of Pangilinan-led Manila Electric Co. (Meralco) has teamed...
PetroEnergy’s Q3 profit plunges on lower oil revenue
PetroEnergy Resources Corp. (PERC) reported a 16.6-percent drop in net income in the first nine...
Alternergy unit to take over 80-MW Cebu wind project
ALTERNERGY Holdings Corp., through its wind subsidiary, is acquiring a majority stake in the developer...