Energy & Mining

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 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.

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.

Prime Infrastructure Capital Inc. (Prime Infra), led by tycoon Enrique Razon, has completed its ₱50-billion acquisition of a 60 percent stake in First Gen Corp.’s natural gas portfolio in Batangas City.

Motorists are bracing for another round of pump price hikes as local oil companies raise the cost of both gasoline and diesel by ₱1.20 per liter.