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...
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...
Lopez-led First Gen Corporation has launched its own electric vehicle (EV) pilot project in its Clean Energy Complex in Batangas City to help the company meet its carbon emission reduction goals. Dubbed...
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...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now fully operational after two months of repairs, testing, and recommissioning. “We are advising that the unit...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now partially operating after almost two months of repairs. “The unit is currently commercially available on natural...
The National Grid Corporation of the Philippines (NGCP) has placed Luzon on Yellow Alert this Tuesday, as 2,265 megawatts (MW) became unavailable with several major power plants either going on forced outages...
