Steel maker fully shifts to renewable energy via First Gen deal
CLEAN ENERGY. The Mahanagdong geothermal power plant of Energy Development Corp., a unit of First Gen Corp., in Leyte. The power plant is supplying 600 kilowatts of clean energy to steel producer Puresteel Manufacturing Corp. in Mandaue, Cebu. (Photo courtesy of First Gen) MANILA - A Cebu-based steel manufacturer and property developer is set to be a carbon-neutral firm by 2025 as it completely shifted to renewable energy (RE) by tapping First Gen Corp. as its power supplier. In a statement Thursday, First Gen said the company is now supplying the total power requirement of Chioson Group of Co...