Geothermal energy is the solution to the country’s energy security while addressing climate change challenges, according to Lopez-led Energy Development Corp. (EDC). “Since geothermal energy can provide continuous power 24 hours a...
Energy Development Co. aims to make geothermal power plants as base load facilities, instead of coal-fired power plants. Base load plants are those that operate 24/7 to provide electricity generation. This is...
The 12 megawatt (MW) Maibarara-2 geothermal power plant nears it commercial operations after securing spot market and grid operations requirements. The Maibarara Geothermal Inc. (MGI) said that it has secured its registration...
The Ayala Group’s AC Energy Holdings Inc. and its partners have sealed the purchase and acquisition of the Indonesian geothermal assets and operations of Chevron. These include the Darajat and Salak geothermal...
Aboitiz Power Corp. has decided to pull out its participation in a geothermal project in Indonesia to focus its resources on ongoing projects. “Aboitiz Power has decided that it will focus and...
The Aboitiz group is finalizing a consortium to bid for Chevron Corporation’s assets in the Philippines and in Indonesia once auctioned within the year. The company is currently in talks with potential...
