Tuesday, May 12, 2026
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Tag: hydropower projects

First Gen secures P14.75-billion BDO financing for hydropower deal

BDO Unibank Inc. issued P24.75 billion in standby letters of credit to support First Gen Corp’s P61.875 billion acquisition of a 33-percent stake in...

DOE advances 9 renewable energy bids to evaluation stage

The Department of Energy endorsed nine renewable energy bid submissions to the legal, technical, and financial evaluation stage following a bid opening held March...

ERC approves new renewable energy feed-in tariff for hydropower projects

The Energy Regulatory Commission (ERC) has approved a new feed-in tariff (FIT) rate of P6.9282 per kilowatt-hour (kWh) for the fourth round (FIT4) of...

First Gen awaits feed-in-tariff decision on hydro projects

First Gen Corp., the power holdings company of the Lopez Group, is awaiting the government’s decision on the extension of feed-in-tariff incentives on renewable...
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