Energy
Sarangani Energy fee lifts Alsons earnings
Alsons Consolidated Resources Inc. (ACR) reported an improvement in its bottom line for the first nine months of 2025, with net income attributable to the parent company rising to P695 million from P604 million last year. The increase was mainly due to the recognition of a development fee from its partner in Sarangani Energy Corporation.
ACEN scores big anew in governance honors
ACEN Corp., the renewable energy unit of the Ayala Group, has once again cemented its standing as one of the Philippines’ top corporate governance champions, earning 4 Golden Arrows from the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards held at Okada Manila.
Hydro developers urge gov’t to weigh industry challengers in setting new FIT rates
A group of run-of-river (ROR) hydropower developers is urging the government to consider real-world operating conditions as it sets new feed-in-tariff (FIT) incentive rates for upcoming ROR projects.
Citicore Renewable earnings shine on solar surge
Citicore Renewable Energy Corporation (CREC) powered up its earnings in the first nine months of 2025, posting a 28 percent jump in net income to P966 million on the back of rising electricity sales and a rapidly expanding solar portfolio.
4M power connections restored after typhoons
The Department of Energy (DOE) said Monday that electricity has been restored to around 4 million of the 4.8 million homes and businesses affected by Typhoons Tino and Uwan.
