November 16, 2021

First Gen’s 9-month income hits P10.3 billion

BY LENIE LECTURA – NOVEMBER 15, 2021 from Business Mirror The Burgos Solar Project of Energy Development Corp. in Ilocos Norte. First Gen Corp.’s (First Gen) net income attributable to its parent as of end-September grew by 11 percent to […]
November 9, 2021

HCG taps clean energy from EDC

BY LENIE LECTURA – NOVEMBER 8, 2021 From Business Mirror Hocheng Philippines Corp. (HCG) has tapped Energy Development Corp. (EDC) for the supply of renewable energy (RE) to power their operations. HCG Senior Vice President and Officer-in-Charge Eugene Lin said […]
October 23, 2021

ERC: 3 gencos exceeded limit for unplanned outages

BY LENIE LECTURA – OCTOBER 21, 2021 from Business Mirror State firm Power Sector Assets and Liabilities Management Corp. (PSALM), Lopez-led Energy Development Corp. (EDC) and SPC Island Power Corp. (SIPC) exceeded the limit for the allowed number of days […]
October 23, 2021

EDC fined for breaching plant ‘forced outage’ limit

By Myrna M. Velasco – October 22, 2021, 5:22 PM from Manila Bulletin The Energy Development Corporation (EDC) was slapped with fines by the Energy Regulatory Commission (ERC) after its Nasulo geothermal plant was found to have breached the mandated […]