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February 13, 2022
Lopez-led First Philippine Holdings Corp. (FPH) is donating 100,000 additional Moderna anti-Covid-19 vaccines to various local government units (LGUs) and institutions around the country as part of the Lopez Groupโs continuing efforts to help the government control the spread of the pandemic. Ricky Carandang, FPH vice president and head of…
February 8, 2022
The earlier-anticipated hike in the electricity rate of Manila Electric Company (Meralco) was overturned, resulting in overall reduction of P0.1185 per kilowatt hour (kWh) in the February billing cycle due to the "cover cost" or compensation generated by power supplier First Gen Corporation (FGen).
February 7, 2022
The repair of one of the generating units of the 97-megawatt Avion gas-fired power plant of First Gen Corporation had already been partially completed, the Lopez-owned firm reported to the Philippine Stock Exchange (PSE). The plantโs unit 1 with 48.5-megawatt capacity sustained damage at its com
February 7, 2022
The first unit of Avion gas power plant owned by First Gen Corp. (FGEN) unit, Prime Meridian Power Gen Corp. (PMPC), is now back online. It said Monday that Avion unit 1 (48.5MW) is currently commercially available on natural gas operation but General Electric (GE) will continue recomissioning and testing…
January 24, 2022
Local utility First Gen Corporation is on track to start importing the Philippinesโ first-ever cargoes of liquefied natural gas (LNG) later this year as
January 19, 2022
Gen X Energy enters into a joint venture with ACE Enexor, a subsidiary of AC Energy, to develop Batangas Clean Energy LNG and green hydrogen powered plant in the Philippines.
January 10, 2022
RELIEF AID. Residents of Barangay Puhagan in Valencia, Negros Oriental who were affected by Typhoon Odette get rice and other relief assistance from the Energy Development Corporation on Jan. 5, 2022. Puhagan is one of the host communities for the EDC's 222.5-MW geothermal power plant in Negros Oriental. (Photo courtesy of EDC) DUMAGUETE CITY - Thousands of households in Negros Island have received relief assistance from power firm Energy Development Corporation (EDC) which operates the 222....
January 6, 2022
MCLEAN, Va., Jan. 6, 2022 /PRNewswire/ - E-commerce is booming. It has quickly become one of the fastest growing and most profitable industries in the world and has provided entrepreneurs
January 4, 2022
Over 26,000 families in Bohol who spent Christmas in evacuation centers due to typhoon Odette that smacked the Visayas and Mindanao regions two weeks ago are about to receive their own aguinaldo (gifts) from the Energy Development Corporation (EDC), the rest of the Lopez Group of Companies to which
January 4, 2022
The spirit of Bayanihan that Filipinos are known for has once again prevailed in Typhoon Odette-stricken Negros Oriental as employees of the Energy Development Corporation (EDC) moved to provide relief to its host communities in Valencia and in worst-hit far-flung areas like Bais and Manjuyod. Even before the typhoon made…