Lopez-led Energy Development Corp. (EDC) said it recorded a Php9.85 billion in recurring net income attributable to equity holders of the parent in 2020 despite..
Tag Archives: geothermal energy
A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on..
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..
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..
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,..
The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing..
Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out..
Traditional geothermal plants utilize steam or hot water from below ground to harness geothermal power and energy. Despite being beneficial, only a few countries around..
Differing from geothermal power plants, geothermal heat pumps or “water-source heat pumps” is an advanced technology that harnesses the nearly constant temperature belowground to heat..
Ayala’s AC Energy Holdings Inc. and its partners have acquired the Indonesian and Philippine geothermal assets of Chevron Corp. The Indonesian consortium, with members AC..
