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 […]
August 1, 2024

ThermaPrime buys 3 rigs for EDC

By Lenie Lectura – July 31, 2024 from Business Mirror In photo: The Rig 3 Defender DC Rig 1000hp Drawworks Capacity during testing and commissioning in Texas, USA. Lopez-led ThermaPrime Drilling Corp. (ThermaPrime) is acquiring three more geothermal drilling rigs […]
July 6, 2024

EDC completes 28.9-MW Palayan binary geothermal plant in Albay

By Alena Mae S. Flores – July 5, 2024, 8:20 pm from manilastandard.net Energy Development Corp. president and chief operating officer Jerome Cainglet (left), Albay provincial administrator Divina Gracia Bonavente (representing Albay Governor Edcel Greco Alexandre Lagman), Manito Albay Mayor […]