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) […]
August 19, 2024

Holcim, First Gen ink power supply deal

By Lenie Lectura – August 19, 2024 from Business Mirror Holcim Philippines Inc. has tapped First Gen Corp. (First Gen) for the supply of electricity from a geothermal energy source to run the cement maker’s plants in Mindanao. Under an […]
August 13, 2024

Geothermal unit pulls down profit of First Gen in H1

By Lenie Lectura – August 13, 2024 from Business Mirror First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower […]