Energy & Mining
Repower Energy reports 33% revenue growth, doubles net income in nine months
Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.
DMCI Power plans to double coal plant capacity in Palawan
DMCI Power Corp. is planning to expand its coal-biomass power plant in Narra, Palawan, doubling its current 15-megawatt (MW) capacity by adding 15 MW.
Consumers to see higher transmission charges this November
Consumers will see a small increase in electricity transmission charges in their November 2025 bills, the National Grid Corporation of the Philippines (NGCP) announced Tuesday.
First Gen income up 3% to P12.1B despite lower revenues
First Gen Corp. reported a 3 percent increase in recurring net income for the first nine months of 2025, reaching US$212 million (₱12.1 billion) from UD$205 million (₱11.6 billion) in the same period last year.
ACEN approves more funds for local projects
ACEN Corp. has approved additional funding for its local exploration project and for the planned Camarines offshore wind project being developed with Copenhagen Infrastructure Partners (CIP).
