December 20, 2022

EDC adds more geothermal power projects in portfolio

BY BUSINESSMIRROR – DECEMBER 19, 2022 LOPEZ-led Energy Development Corp. (EDC) is adding more geothermal power projects in its portfolio of 1,185 megawatts (MW) meant to support the Philippines’ clean energy transition and reduce greenhouse gas emissions. EDC’s total installed […]
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 […]