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Energy Development Corp., the renewable energy subsidiary of First Gen Corp., is spending P40 billion this year to bolster its portfolio and support geothermal development in the country.
TWO geothermal power facilities of First Gen-owned Energy Development Corporation (EDC) have surpassed the expected 25-year life span of geothermal systems and remain in operation for 40 years now, supplying clean, renewable, and reliable energy to Luzon and Visayas since 1983. The 112.5-megawatt (MW) Palinpinon geothermal power plant in Valencia,…
TWO geothermal power facilities of First Gen-owned Energy Development Corporation (EDC) have surpassed the expected 25-year life span of geothermal systems and remain in operation for 40 years now, supplying clean, renewable, and reliable energy to Luzon and Visayas since 1983. The 112.5-megawatt (MW) Palinpinon geothermal power plant in Valencia,…
The Net Zero Carbon Alliance (NZCA) has added nine more firms in its partner list, bringing to 20 those that have committed to carbon neutrality. The new members of the group are the British Standards Institution, CEMEX Holdings Philippines, ECC International, EV Mobility Ventures, First Philippine Industrial Park, Holcim Philippines, Mondelez Philippines, Monde Nissin Corp.
MANILA, Philippines — Clean energy powerhouse Energy Development Corp. (EDC) of the Lopez group is making senior leadership changes as the company’s long-time president Richard Tantoco is set to step down next month. First Gen, in a stock exchange filing, said Tantoco will be stepping down as executive vice president of the listed energy company effective July 1 due to medical reasons. He will also be resigning as president of First Gen...