November 2, 2024

First Gen to build solar facility for HCG unit

By Ed Paolo Salting – November 2, 2024 from The Manila Times FIRST Gen Corp. (First Gen) said Friday that it had signed an agreement with HCG’s Philippine subsidiary, Hocheng Philippines Corp. (HCG Philippines), to build a solar power facility […]
October 16, 2024

Lopez-led EDC investing P25 billion to drill new geothermal wells

By Brix Lelis – October 16, 2024 | 12:00am from The Philippine Star According to a document submitted to the Department of Environment and Natural Resources (DENR), EDC will use the capital to drill new wells and add well pads […]
October 3, 2024

EDC secures geothermal exploration permit in Indonesia

By Gabriell Christel Galang – Oct 2, 2024 02:52 PM from Manila Bulletin First Gen Corporation’s all-renewable energy arm, Energy Development Corp. (EDC), has received preliminary survey assignments and exploration (PSPE) for two greenfield geothermal projects in Indonesia. During the […]
September 26, 2024

DoE: Geothermal gets $250-M de-risking cover

‘The concept paper is already okay, but of course, we are still looking for who will be the fund manager. The Energy Secretary has initiated a meeting with various financing bodies so that we can come up with an agreement’ […]