May 27, 2023

EDC stops Peru geothermal projects over uncertainties

By Alena Mae S. Flores – May 26, 2023, 8:55 pm from manilastandard.net First Gen Corp. of the Lopez Group said Friday subsidiary Energy Development Corp. will no longer develop geothermal activities in Peru over political and market uncertainties. First […]
May 25, 2023

EDC to complete Pts7-BAlbay power plant in Q3

By Lenie Lectura – May 23, 2023 from Business Mirror Lopez-led Energy Development Corp. (EDC) is set to complete its P7-billion binary power plant in Albay in the third quarter. Its parent firm reported last week that the 28.9-megawatt (MW) […]
May 22, 2023

EDC to start operations of 28.9-MW Albay binary power plant by September

By Alena Mae S. Flores – May 21, 2023, 7:05 pm from manilastandard.net Energy Development Corp. expects to start the commercial operations of its P7-billion 28.9-megawatt Palayan Binary Power Project in Albay province by September. “The construction of the 28.9-MW […]
May 10, 2023

First Gen registered 52% increase in Q1 recurring net income to $89m

By Alena Mae S. Flores – May 9, 2023, 8:25 pm from manilastandard.net The Lopez Group‘s clean and renewable energy provider First Gen Corp. on Tuesday reported a 52-percent increase in recurring net income in the first quarter to $89 […]