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’ […]
September 24, 2024

Visayas to add 1,982 MW of RE projects by 2025

By Power Philippines News – September 23, 2024 at 11:46 am Most of the 25 power projects in the Visayas region, with a combined potential capacity of 1,982 megawatts (MW), will generate renewable energy (RE). The Department of Energy (DOE) […]