The Department of Energy (DOE) has endorsed 28 new projects to the National Grid Corporation of the Philippines (NGCP) to undergo system impact studies (SIS) in April and May. An SIS is...
The Energy Regulatory Commission (ERC) has approved Lopez-led Energy Development Corporation’s (EDC) application to establish a point-to-point transmission line to connect the 3.6-megawatt (MW) Mindanao 3 (M3) binary geothermal power plant to...
Lopez-led First Gen Corporation has allotted a capital expenditure (capex) of $550 million (around Php29 billion for this year, with a bulk going to the expansion projects to its renewable energy (RE)...
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the...
Lopez-led Energy Development Corporation’s (EDC) net income for the first quarter of the year dipped by 19% to Php2.63 billion versus the Php3.26 billion recorded in the same period in 2021. “The...
Citicore Energy Solutions Inc. (CESI), the retail arm of Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply contracts with its clients that are all expiring this year. The...
Lopez-led Energy Development Corporation (EDC) has formally launched the operations of its 3.6-megawatt (MW) Mindanao 3 (M3) binary geothermal power plant in Kidapawan City, North Cotabato. The new plant, an extension of...
First Gen Corporation, through subsidiary Energy Development Corporation (EDC), has begun supplying The Linden Suites with power from its geothermal plants for the multi-use hotel’s entire electricity needs under the government’s Green...
Energy Development Corporation’s (EDC) Php5 billion dual-tranche green bonds has been awarded as the best local currency green bond in the Triple A Country Awards 2021. The award was issued by Asset...
Lopez-led Energy Development Corporation (EDC) has renewed its power supply agreement (PSA) with Silliman University for another two years. According to the renewable energy (RE) firm, Silliman has chosen to stay with...
