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...
