December 2, 2022

EDC and MORE Power seek nod of ERC for supply deal

BY LENIE LECTURA – DECEMBER 2, 2022 from Business Mirror Energy Development Corp. (EDC) and MORE Electric and Power Corp. asked the Energy Regulatory Commission (ERC) to approve their 5-year power supply agreement (PSA). The two companies filed a joint […]
November 24, 2022

EDC invites US firms to join geothermal project

By Alena Mae S. Flores – November 23, 2022, 6:50 pm from manilastandard.net Energy Development Corp. said Wednesday it is inviting proposals from interested American companies to conduct a feasibility study on a 50-megawatt geothermal power project in Amacan, Mindanao. […]
November 15, 2022

First Gen reports 8% profit drop

BY LENIE LECTURA – NOVEMBER 15, 2022 from Business Mirror LOPEZ-led First Gen Corp. (FGen) reported a reduction of eight percent in recurring net income at end-September this year despite a 24-percent jump in revenues. FGen reported last Monday a […]
November 10, 2022

PLDT inks power supply deal with EDC

BY LENIE LECTURA – NOVEMBER 10, 2022 from Business Mirror PLDT Inc. has tapped Energy Development Corp. (EDC) to supply power to its facilities in Davao as part of its decarbonization roadmap, which aims to further reduce its greenhouse gas […]