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 […]
June 4, 2024

The race to renewables

By Jayson Gacutno – June 3, 2024, 8:45 pm from manilastandard.net “The collective work of the government and the private sector will push boundaries for a sustainable energy transition in the Philippines.” I am looking forward to the day when […]