Mets Cold Storage Services, Inc. (Mets) has signed an agreement with First Gen Corporation to supply renewable geothermal energy to its cold storage facility in Cagayan de Oro City, marking another step...
Energy Development Corp. (EDC), a subsidiary of Lopez-led First Gen Corp., is preparing a multi-year rehabilitation program for its geothermal fleet, with the Tongonan geothermal power plant in Leyte as the initial...
Energy Development Corporation (EDC), a subsidiary of First Gen Corporation, is continuing its commitment to building a regenerative future by supporting education and youth development in Ilocos Norte. In partnership with the...
In photo: Federico Lopez, Chairman and CEO of First Gen Corporation and Energy Development Corporation (EDC) receives a memento from Frankie Oesman Widjaja, Chairman of PT Dian Swastatika Sentosa Tbk (DSSA), to...
The Energy Regulatory Commission (ERC) has authorized Energy Development Corporation (EDC) to develop and own dedicated point-to-point limited transmission facilities for its ±20 MW Bac-Man Battery Energy Storage System Project, connecting it...
The Energy Development Corp. (EDC) is investing approximately PHP 3 billion to expand the capacity of its Palinpinon 1 geothermal power plant in Negros Oriental, thus reinforcing its commitment to sustainable and...
The Department of Energy (DOE) has confirmed that several developers have formally accepted awards under the third round of the Green Energy Auction (GEA-3), unlocking a combined renewable energy capacity of 6,677.218...
With a mission to strengthen food security and preserve agricultural biodiversity, Energy Development Corporation (EDC) and the Ilocos Norte Agricultural College (INAC) jointly launched the “Sow, Grow, Share: Empowering School and Community...
Energy Development Corporation (EDC) has partnered with the Knowledge Channel Foundation, Inc. (KCFI) to launch a multimedia awareness campaign on biodiversity conservation. The initiative aims to educate Filipinos about the importance of...
Lopez-led First Gen Corporation reported a decline in net income and revenue for the first nine months of the year, attributing the drop to lower electricity sales and reduced geothermal revenue. In...
The Energy Development Corporation (EDC) of the Lopez Group is allocating P25 billion to maintain steam production at its expansive geothermal facility in Valencia, Negros Oriental. Based on a document submitted to...
Energy Development Corporation (EDC) is aiming to achieve an aggregate installed capacity of approximately 83 megawatts (MW) of clean and renewable energy by year-end. EDC corporate communications head Frances Ariola said that...
Officials in Bacolod City and Negros Occidental are urging the Energy Regulatory Commission (ERC) to expedite the approval of a proposed agreement between a local power distributor and a major energy producer,...
First Gen Corporation and electronics manufacturer Murata extends its power supply contract to supply its Batangas factory with renewable energy (RE). Through its subsidiary, Energy Development Corporation (EDC), which leads the Bacon-Manito...
In an attempt to generate Php 10 billion to finance the company’s expansion goals, the Energy Development Corporation (EDC) will tap new ASEAN green bonds. The proposed second round issuance would include...
GreenFire Energy Inc., based in San Francisco, was given the Export Achievement Certificate (EAC) from the International Trade Administration for its involvement in a U.S. Trade and Development Agency (USTDA)-funded geothermal project...
The Energy Development Corporation (EDC) looks to invest $1 billion to drill new wells to expand its geothermal output to ensure its company’s sustained operations in the next years. In a report...
First Gen Corporation (First Gen), the clean and renewable energy arm of the Lopez Group, reported a 30% increase to Php 9 billion in their recurring income for the first half of...
Energy Development Corporation (EDC), led by the Lopez Group, is actively expanding its geothermal power generation capacity in the country with two identified prospects that are slated for drilling in the next...
Lopez-led First Gen Corporation intends to invest $20 billion (around P1.123 trillion) until 2030 to sustain its 20 percent market share in kilowatt-hour production and meet the increasing electricity demand of Filipinos....
First Gen Corporation, announced growth in revenue during the first quarter of 2023, reaching Php 36.0 billion amid an increase in volume of electricity sales. This represents a 14% increase of Php...
PLDT Inc. and Smart Communications, Inc. are making strides in renewable energy by opting for geothermal power in seven of their Visayas facilities. PLDT and Smart have partnered with First Gen Corporation...
Energy Development Corporation has confirmed the death of four of its employees who were aboard the Cessna 340 plane that crashed near the Mayon Volcano crater. “We mourn the passing of our...
Bathroom solutions provider, Hocheng Philippines Corporation has renewed its power supply contract with First Gen Corporation. The renewed contract involves an 850-kilowatt (kW) power demand as part of HCG’s commitment to using...
Japanese waste management and recycling firm, GUUN Co. Ltd, has entered a power supply deal with First Gen Corporation as it shifts to renewable energy sources to help achieve its goal of...
First Gen Corp has been tapped by polyethylene terephthalate (PET) bottle manufacturer McBride Corp. to supply renewable energy in its facilities as part of its decarbonization goals. Energy Development Corp. (EDC), the...
Six wind power projects of the Energy Development Corporation (EDC) have been given clearance by the Department of Energy (DOE) to conduct a system impact study (SIS) In a document released by...
With a goal to further increase its geothermal power capacity, the Lopez-led Energy Development Corporation (EDC) is looking to launch at least six new projects for completion by the end of 2022...
As part of the company’s decarbonization and sustainability efforts, Lopez-led Energy Development Corp. (EDC) has launched its new electric vehicle (EV) powered by geothermal energy. In a report by BusinessWorld, EDC supply...
Energy Development Corp. (EDC) has secured a grant from the US Trade and Development Agency (USTDA) for a feasibility study on a planned geothermal power plant in Mindanao. In a report by...
The Energy Development Corp. (EDC) has inked a partnership with telecommunications company PLDT Inc. to supply power to its Davao facilities as part of its decarbonization journey. In a report by Business...
Eight new renewable energy projects were endorsed by the Department of Energy (DOE) to the National Grid Corporation of the Philippines (NGCP) to conduct a system impact study (SIS) in June. The...
Bohol will soon have a backup source of power should it be disconnected from the grid after signing a 10-year power supply deal with the Energy Development Corporation (EDC). The power supply...
The Energy Development Corporation (EDC) will ink a five-year power supply agreement with Razon-led MORE Electric Power Corporation (MORE) for 20 megawatts (MW) worth of renewable mid-merit supply. The RE supply will...
Lopez-led Energy Development Corporation (EDC) has signed a power supply agreement (PSA) with TDK Philippines Corporation as part of the manufacturing company’s climate change efforts. First Gen Corporation’s renewable energy arm will...
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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 inco order lipitor online in the best USA pharmacy https://www.garciawestberg.com/wp-content/uploads/2025/09/html/order-lipitor.html no prescription with fast delivery drugstore me of Php3 billion ($59 million) 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...
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First...
Gokongwei-led Universal Robina Corporation (URC) will be shifting to renewable energy (RE) for at least 20 of its facilities in Luzon and Visayas. The snacks and beverages manufacturing company said it has...
The provincial government of Negros Oriental is set to reward renewable energy (RE) investors with incentives under the country’s first RE ordinance. Dubbed as the RE Code, the ordinance is focused on...
A total of 147 renewable energy (RE) projects with a total capacity of 2,619 megawatts (MW) were marked as eligible to participate in the renewable portfolio standards (RPS) program of the Department...
As Bohol still reels from the widespread damage caused by Typhoon Odette, local power distributors are hoping for a more stable power supply with the completion of Energy Development Corporation’s (EDC) power...
The Energy Regulatory Commission (ERC) suspended operations of the Wholesale Electricity Spot Market in the Visayas on Thursday night due to the onslaught of Typhoon Odette in the region. This resulted in...
Energy Development Corporation (EDC) announced that De La Salle Lipa (DLSL) will continue sourcing geothermal power from the Lopez-led firm for another two years. This is DLSL’s second renewal of its deal...
Lopez-led First Gen Corporation posted an 11% improvement in its recurring net income to Php10.3 billion in the first nine months of 2021 from Php9.6 billion year-on-year. The company attributed the growth...
Bathroom fixtures firm Hocheng Philippines Corporation, better known as HCG, said it will be sourcing geothermal power from Energy Development Corporation (EDC). EDC said HCG will be getting its supply from the...
(UPDATED) The Energy Regulatory Commission (ERC) fined three power generation companies (gencos) a total of Php6.03 million, for breaching the maximum allowable unplanned outage days for 2021, specifically covering the period from...
Converge ICT Solutions of Pampanga-based businessman Dennis Anthony Uy will be getting its electricity supply from First Gen Corporation’s geothermal assets to power its main office in Pasig City. Under the two-year...
Lopez-led Energy Development Corporation (EDC) recently announced that it is providing renewable energy (RE) to Bounty Agro Ventures, Inc. and Cebu-based steel firm Chioson Development Corporation (CDC). Bounty markets known chicken brands,...
A senior executive of Lopez-led First Philippine Holdings Corporation (FPH) has been recognized by a US-based governance, risk and compliance (GRC) company as one of the world’s top 100 GRC leaders for...
The Energy Regulatory Commission (ERC) has named at least eight power generation companies (gencos) facing penalties as their respective plants have gone over the maximum number of days of allowable forced outages...
The National Grid Corporation of the Philippines (NGCP) is eyeing the conversion of 35 “non-firm” contracts to firm-based arrangements for the provision of reserves or ancillary services (AS) to the power grid,...
First Gen Corporation is providing the exclusive Manila Polo Club with power from renewable energy (RE), specifically geothermal power, as part of the club’s sustainability program and to support the government’s energy...
Lopez-led Energy Development Corporation (EDC) is seeking the Energy Regulatory Commission’s (ERC) approval to develop, own, and operate dedicated point-to-point limited facilities to connect the Mindanao 3 (M3) geothermal power project to...
Nine more power projects have been endorsed by the Department of Energy to the National Grid Corporation to undertake system impact study (SIS). The biggest project among the new additions is Solar...
Lopez-led Energy Development Corporation (EDC) is set to push through with the development of the 100-megawatt (MW) Aya hydroelectric project in Nueva Ecija. “We are excited to issue a notice to proceed...
Energy Development Corporation (EDC) said it intends to use the Php15 billion in proceeds from the ASEAN green bonds issuance for the expansion of its power plants, primarily geothermal. The first tranche...
The Department of Energy (DOE) has included Shell Energy Philippines (SEPh) and Energy Development Corporation (EDC) subsidiary Green Core Geoth buy iverheal online in the best USA pharmacy https://autismakron.org/wp-content/uploads/2023/09/png/buy-iverheal.html no prescription with...
Lopez-led Energy Development Corporation (EDC) has started the construction of its 29-megawatt (MW) binary power plant project, which is part of the Bacon-Manito (BacMan) geothermal plant’s expansion. During the groundbreaking ceremony of...
The Securities and Exchange Commission (SEC) has favorably considered Lopez-led Energy Development Corporation’s (EDC) public offering of up to Php15 billion in fixed-rate ASEAN green bonds. On Tuesday, the commission en banc...
Energy Development Corporation (EDC) will continue to develop geothermal projects overseas despite the delays it encountered due to the COVID-19 pandemic. The Lopez-led firm said that it is still keen on tapping...
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
Lopez-led Energy Development Corp. (EDC) said it recorded a order colchicine online in the best USA pharmacy https://www.enadent.ro/wp-content/uploads/2025/09/html/order-colchicine.html no prescription with fast delivery drugstore Php9.85 billion in recurring net income attributable to...
Lopez-led First Gen Corporation posted a 22.8% increase in first quarter profits to $118.8 million from $96.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange...
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,...
Lopez-owned Energy Development Corporation (EDC) has tapped Milan-based Exergy International for the supply of an organic rankine cycle (ORC) binary system for its first brine recovery geothermal plant at the foot of...
Lopez-led Energy Development Corp. (EDC) has allotted Php17 billion in capital expenditures (capex) this year for its growth projects and to ensure long-term development. Based on a report from The Philippine Star,...
Lopez-owned Energy Development Corporation (EDC) has tapped San Francisco-based GreenFire Energy Inc. to perform a commercial retrofit that will restore and generate steam from an idle geothermal well in its Mahanagdong geothermal facility...
Lopez-led First Gen Corporation recorded a seven percent drop in its net income for 2020 to Php13.7 billion, as attributable to shareholders from the operations of its 3,492-megawatt (MW) clean, low-carbon, and...
Lopez-led Energy Development Corporation (EDC) is planning to issue Php3 billion worth of Green Bonds with an oversubscription option of up to Php2 billion. In statement, the Philippine Rating Services Corporation (PhilRatings)...
First Gen Corporation announced it will allocate up to 690 megawatts (MW) of geothermal power for the Department of Energy’s (DOE) green energy option program (GEOP). In a report by BusinessWorld, First...
Lopez-led Energy Development Corporation (EDC) posted a 6.6% drop in earnings to Php11.5 billion in 2020 due to lower generation and spot market prices. In a report by The Philippine Star, EDC...
As part of its push for renewable energy (RE), Lopez-led Energy Development Corporation (EDC) has launched its first green bond framework. The RE firm said the framework was developed in accordance to...
Five power generators led by Lopez-led Energy Development Corporation (EDC) have submitted bids to the Department of Energy (DOE) in its third Open and Competitive Selection Process (OCSP3), which aims develop renewable energy...
The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects. In a regulatory filing, EDC...
Lopez-led Energy Development Corporation (EDC) has tapped two companies under the Mitsubishi Group to install equipment for the Bacon-Manito (BacMan) Geothermal Power Plant’s expansion. In a statement, Mistubushi Heavy Industries said that...
Lopez Holdings will continue to be listed in the Philippine Stock Exchange (PSE) after withdrawing its earlier petition for a voluntary delisting. In a disclosure to the PSE, Lopez Holdings — which...
Lopez-led Energy Development Corporation (EDC) has begun construction works on the expansion of the Bacon-Manito (BacMan) Geothermal Power Plant. EDC recently announced that First Balfour, also a Lopez firm, has secured the Php1.3...
Energy Sec. Alfonso Cusi has suspended the issuance of the Certificate on Energy Projects of National Significance (CEPNS), as it undergoes an evaluation. In an advisory dated December 10, the Department of...
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings, which trades under the ticker LPZ, proposed...
First Gen Corporation, the Lopez Group‘s power generation company, suffered a 12% decline in its net income in the first three quarters of 2020 at Php9.6 billion from Php11.3 billion in the...
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Geothermal energy sometimes finds its way to the surface through volcanoes, hot springs, and geysers therefore being a valuable asset to countries situated along the Pacific Ring of Fire where volcanic activities...
Lopez-led Energy Development Corp. (EDC) announced in a disclosure yesterday that it will no longer be listed in the Philippine Stock Exchange (PSE). EDC’s board approved the voluntary delisting of the company’s...
A species conservation program of the Energy Development Corporation (EDC) has planted more than 4,700 future mother trees to save the country’s native trees and preserve Philippine Forests. EDC’s Binhi Tree for...
Lopez-owned Energy Development Corp. (EDC) recorded a P4.68-billion income reach in the first half of 2016, a slight increase from its P4.66 billion income in the same period last year. EDC’s consolidated net...
The Energy Development Corp. (EDC) welcomed Environment Secretary Regina Lopez’s announcement that her agency will look into the alleged violations committed by the company in its Negros Occidental operations. “We look forward...
The Energy Development Corporation (EDC) and First Gen Energy Solutions Inc. (FGES) signed an agreement to provide Gaisano Capital with low carbon and environment-friendly energy projects. The firms signed a Power Purchase...
The Lopez-led Energy Development Corp. (EDC) said on Tuesday that it has settled its dispute with foreign contractor Weir Engineering Services, Ltd. over the rehabilitation of its subsidiary Bacon-Manito geothermal plant in...
