Eastern Communications Philippines, Inc. has partnered with First Gen Corporation to source 24/7 renewable power for its headquarters and technical operations centers. Under the agreement, which was signed in February. 11, First...
Wilmar Edible Oils Philippines Inc., the local unit of global agribusiness giant Wilmar International, has shifted part of its operations to geothermal energy under a power supply deal with First Gen Corporation,...
The Department of Energy (DOE) is drafting a proposal for a dedicated Geothermal Bill aimed at granting special incentives and regulatory treatment to geothermal developers, part of a broader plan to revive...
The Department of Energy (DOE) expects to finalize by year-end a de-risking facility with the Land Bank of the Philippines, supported by the Asian Development Bank (ADB), to make geothermal exploration less...
Geothermal energy may be one of the world’s oldest clean power sources, but First Gen Corporation believes its best years are still ahead. Jay Joel L. Soriano, First Gen’s Vice President and...
As global climate goals collide with economic realities, the Philippines’ largest corporations are redefining what decarbonization looks like in practice. Rather than trading in promises, companies like Meralco, SM Investments (SMIC), Energy...
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...
The Sy family’s business empire is broadening its clean energy push, with Philippine Geothermal Production Company Inc. (PGPC) setting its eyes on wind projects alongside its existing geothermal operations, Bilyonaryo.com earlier reported....
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...
Premier engineering school Mapúa University has partnered with ACEN Renewable Energy Solutions (ACEN RES), the retail arm of Ayala-led ACEN, to power its Manila and Makati campuses entirely with renewable energy. Under...
First Gen Corporation reported flat attributable recurring net income for the first half of 2025 at USD 151 million (PHP 8.6 billion), slightly up from USD 150 million (PHP 8.4 billion) in...
First Gen Corp. President and Chief Operating Officer Francis Giles B. Puno called for stronger policy alignment, streamlined regulation, and consistent execution to accelerate the Philippines’ renewable energy (RE) transition. He warned...
First Gen Corporation is ramping up investment in its geothermal portfolio, with major upgrades planned for its over 40-year-old power plants in Leyte and Negros, alongside new exploration in Mindanao. “In geothermal,...
Faced with what is called a “threshold of survival,” First Gen Corporation has renewed its commitment to lead the country’s transition to clean energy, highlighting the urgent and accelerating impacts of climate...
Axelum Resources Corp., the Philippines’ leading coconut food product manufacturer, has tapped First Gen Corporation to supply 5.2 megawatts of geothermal power to its Misamis Oriental plant. This partnership, announced on May...
The Philippine Geothermal Production Company, Inc. (PGPC) has begun drilling operations at Mt. Malinao in Albay through its newly commissioned Pioneer 1 rig, signifying a major step forward in its expansion of...
Chioson Group of Companies and FLB Prime Holdings, Inc. have extended their partnership with First Gen Corporation to power their Cebu facilities with 2.1 megawatts (MW) of geothermal energy, reinforcing their commitment...
Philippine Geothermal Production Company, Inc. (PGPC), Southeast Asia’s pioneering commercial geothermal energy provider, has begun exploratory drilling operations at Mt. Malinao in Albay. The development marks a significant push in the company’s...
Maibarara Geothermal Inc. (MGI) has successfully secured three land parcels in Batangas from the Power Sector Assets and Liabilities Management (PSALM) Corporation after emerging as the sole bidder in a recent auction....
Thirteen power companies have been shortlisted for the government’s third green energy auction round (GEA-3), signaling growing industry interest in advancing renewable energy. purchase robaxin online in the best USA pharmacy https://www.chapmanglobalmedicalcenter.com/wp-content/uploads/2025/09/html/purchase-robaxin.html...
First Gen Corporation’s renewable energy subsidiary, Energy Development Corp. (EDC), has been granted preliminary survey assignments and exploration (PSPE) for two new geothermal projects in Indonesia. In a report by the Manila...
First Gen Corporation has partnered with cement manufacturer Holcim Philippines, Inc. to supply renewable geothermal energy to the latter’s production plants. In a report by Business Mirror, First Gen said it would...
The country can progressively move towards renewables and eco-friendly fuels like hydrogen and ammonia to accomplish its decarbonization objectives, an official from Mitsubishi Power Asia Pacific revealed. In an exclusive interview with...
Currently ranked as the third largest producer next to Indonesia and the United States, the Department of Energy (DOE) aims for the country to reclaim its position as the second-largest geothermal producer...
Aboitiz Power Corporation, through its subsidiary AP Renewable Inc. (APRI) has broke ground for its 17-megawatt (MW) binary geothermal power plant project in Tiwi, Albay. Construction of the power plant is targeted...
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...
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...
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...
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,...
Major players in the Philippine energy sector are in agreement in recognizing Mindanao’s huge potential to develop and even provide power to other parts of the country in a bid to achieve...
Lopez-led First Gen Corporation is supplying geothermal power to Philippine Bio-Industries, Inc. (PBI), one of the country’s biggest exporters of refined carrageenan blends. PBI, through parent firm W Hydrocolloids, Inc. (WHI), recently...
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...
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...
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...
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 data from the Department of Energy (DOE)....
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...
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...
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...
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 full foreign ownership of such projects, according...
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 that $50 million has been the amount...
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 the world have access to ideal geothermal...
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 and cool buildings and establishments. It transfers...
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 Energy, Electricity Generating Public Company Ltd., Star...
Lopez-led Energy Development Corporation (EDC) is encouraging the government to support the development of more geothermal projects in the country as the clean and renewable energy source has a stable cost and...
Basic Energy Corp. received approval from the Department of Energy (DOE) to go ahead with its Farm-In Agreement and Deed of Assignment with DESCO, Inc. This will allow DESCO to aquire 80...
Three local companies are eyeing the geothermal assets of Chevron in the country, after the American energy company was seen unloading its geothermal units in the Philippines and Indonesia. The Ayala Corporation,...
The National Geothermal Association of the Philippines (NGAP) said geothermal projects should be put under the Feed-in-Tariff (FIT) to enable these projects to compete with other power resources. The Department of Energy...
The Visayas grid will receive over 600 megawatts (MW) of power in the next three years, the Department of Energy (DOE) said. DOE science research specialist Noriel Christopher Reyes said power plants with...
In 2015, the United States had an installed capacity of 3,442 megawatts (MW) from geothermal energy. The Philippines followed with 1,968 MW. The Geysers, the world’s largest geothermal developer, is in San Francisco,...
The Philippines is the world’s second-largest producer of geothermal energy next to the United States. With the Renewable Energy Act of 2008 in place, the geothermal industry in the Philippines is taking...
Basic Energy Corp. president and COO Oscar de Venecia Jr. said during the company’s stakeholders meeting that it is looking into developing solar energy plants to gain short-term revenues as their geothermal sites...
