The Department of Energy (DOE) has officially released the Notice of Award (NOA) for the third round of the Green Energy Auction (GEA-3), unlocking over 6,000 megawatts (MW) in renewable energy capacity...
As Energy Development Corporation (EDC) approaches its 50th anniversary in 2026, Battery Energy Storage Systems (BESS) are emerging as a strategic priority in optimizing geothermal output and ensuring energy reliability. The company...
Hirokazu Takeuchi (second from left), president and CEO of Sanyo Denki Philippines, and Jerome H. Cainglet, president and COO of First Gen subsidiary Energy Development Corporation, shake hands after signing an agreement...
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...
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...
