July 17, 2024

Government seeks tie-ups for geothermal derisking facility

By Lenie Lectura – July 17, 2024 from Business Mirror The Department of Energy (DOE) is keen on partnerships with interested firms to help manage risks in developing additional geothermal energy resources. “We are talking to possible an implementing partner […]
July 11, 2020

Philippine geothermal industry seen becoming world’s fourth largest

By Adam J. Ang – July 9, 2020 | 8:03 pm from Business World THE Philippines is expected to become the fourth-largest global producer of geothermal energy over the next decade, according to a report by Fitch Solutions Country Risk […]
December 12, 2018

Machine manufacturer taps power from EDC

By Alena Mae S. Flores – December 11, 2018 at 07:05 pm from manilastandard.net Citizen Machinery Philippines Inc., a company based in Tanauan, Batangas that manufactures and assembles automatic lathe machines, tapped geothermal energy producer Energy Development Corp. for the […]
March 24, 2018

EDC secures $90-b loan from World Bank arm

By Alena Mae S. Flores – March 23, 2018 at 07:15 pm from manilastandard.net Renewable power producer Energy Development Corp. and International Finance Corp., a member of the World Bank Group, signed a 15-year financing agreement covering $90 million to […]