Page 37 - First Gen News Today

Published May 10, 2021, 4:17 PM Lopez-led First Gen Corporation has cornered another property developer client on its supply of renewable energy (RE) – and its customer this time is Ali Mall in Quezon City of the Araneta group. In a statement to the media, the Lopez firm noted that power supply agreement  (PSA) was cemented between Araneta City Inc. (ACI), which is the property development arm of the Araneta Group; and that of BacMan Geothermal Inc. (BGI), a wholly owned subsidiary of First ...

BusinessWorld April 29, 2021 | 12:02 am FIRST GEN Corp. said on Wednesday that Norway’s BW Gas Ltd. had committed to provide a liquefied natural gas (LNG) vessel to the Lopez-led firm’s unit ahead of a similar deal with another local company. It said BW Gas, which owns a subsidiary that will deliver the floating storage and regasification unit (FSRU), made the commitment as early as November last year. First Gen’s clarification in a disclosure to the stock exchang...

Norway firm backs First Gen’s LNG project Jordeene B. Lagare Norway-based BW Gas Ltd. has expressed its commitment to First Gen Corp.’s liquefied natural gas (LNG) project in Batangas. The Lopez-led company told the local bourse on Wednesday that BW Gas issued a “commitment undertaking” to its subsidiary FGEN LNG Corp. as early as November last year. BW Gas stipulated in the said undertaking that BW Gas unit BW FSRU IV Pte. Ltd. shall ensure “that the BW Paris was not ...

27 April 2021 2:32 GMT Updated  27 April 2021 2:32 GMT in  Singapore Vires Energy has received the green light from the Philippines government to progress its planned liquefied natural gas import project in the Southeast Asian nation. The Department of Energy has approved Vires’ Notice to Proceed application for the proposed integrated LNG project in Batangas province. Receiving the NTP is a key step that allows companies to acquire the necessary permits, which should help to en...

The Philippines has approved yet another proposed liquefied natural gas (LNG) to power scheme as the country faces a looming gas supply crunch. The latest

First Gen RES to supply Megaworld BGC buildings with geothermal power on April 26, 2021 at 2:58 pm First Gen Corporation has been chosen by Megaworld Corporation to supply 6.17 megawatts (MW) of geothermal energy to its four buildings in Bonifacio Global City (BGC), Taguig City. Under the two-year deal, the Lopez-led firm, through retail electricity supplier (RES) subsidiary Green Core Geothermal, Inc., will be providing clean power to Uptown Place Towers 1, 2, 3, and the flagship Alliance Glo...

First Gen bags power supply deal for four Megaworld projects By TED CORDERO, GMA News Published April 21, 2021 11:53pm Lopez-led renewable energy firm First Gen Corp. has been tapped by property giant Megaworld Corp. to supply “clean and renewable” energy to four of its upscale township and office tower projects in Taguig City. Citing the agreement finalized by the two companies, First Gen said it has committed to supply Megaworld with 6.17 megawatts (MW) of geothermal power for Upt...

First Gen signs deal to supply clean energy to 4 Megaworld projects enablePagination: false Courtesy: First Gen website Metro Manila (CNN Philippines, April 21) — First Gen Corp. has signed a deal to supply clean and renewable energy to four projects of property giant Megaworld Corp. in Taguig City. In a statement, the Lopez-led energy provider said it committed to supply 6.17 megawatts of geothermal power to Uptown Place Towers 1, 2 and 3, and to the flagship Alliance Global Tower, which ho...

The last few years has seen a glut of processors enter the market with the sole purpose of accelerating artificial intelligence and machine learning workloads. Due to the different types of machine learning algorithms possible, these processors are often focused on a few key areas, but one thing limits them all – how big you can make the processor. Two years ago Cerebras unveiled a revolution in silicon design: a processor as big as your head, using as much area on a 12-inch wafer as a rectan...

McDermott wins Philippines LNG work McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction work for storage tanks at Atlantic Gulf and Pacific Company’s (AG&P’s) liquefied natural gas (LNG) import and regasification terminal in the Philippines. Updated: 15/04/2021, 3:44 am © Shutterstock / ronaldbuday Flying the Philippines flag: the Southeast Asian nation hopes to import LNG Register here for the Energy Voice daily newsletter, bringin...