May 12, 2022

EDC income dips in January-March

BY LENIE LECTURA – MAY 10, 2022 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. Energy Development Corp. (EDC) reported a 19-percent decline in net income for the first quarter to P2.63 billion from […]
May 11, 2022

EDC registered P2.63-b income in first 3 months

By Alena Mae S. Flores – May 10, 2022, 8:30 pm from manilastandard.net Energy Development Corp. said Tuesday it posted a net income of P2.63 billion in the first quarter, down 19.2 percent from P3.261 billion in the same period […]
May 9, 2022

WESM logs 3-fold growth in businesses’ shift to RE

By Myrna M. Velasco – May 7, 2022, 12:20 PM from Manila Bulletin The Wholesale Electricity Spot Market (WESM), which serves as the central registration body for the Green Energy Option Program (GEOP), has been registering massive shift of qualified […]
April 28, 2022

EDC’s Mindanao plant starts delivery to Mindanao grid

By Myrna M. Velasco – April 27, 2022, 2:59 PM from Manila Bulletin The 3.6-megawatt binary expansion of the Mindanao geothermal power plant of Lopez-led Energy Development Corporation (EDC) is now delivering capacity into the grid, hence, reinforcing Mindanao’s portfolio […]