QUICK READ: EDC, a renewable energy company in the Philippines, has won the Business of the Year award for five consecutive years since 2015.
Lopez-led renewable energy leader Energy Development Corporation (EDC) received the Business of the Year Hall of Fame award from the City Government of Ormoc and Ormoc City Chamber of Commerce and Industry, Inc. (ORCHAM) in the recently concluded Ormoc City Business Awards.
This recognition was given to EDC for winning the Business of the Year award for five consecutive years since 2015, for its unprecedented achievements, and for its exemplary contributions to the local economy, particularly to Ormoc City’s remarkable progress as well as its corporate social responsibility programs that have uplifted the lives of its partner communities in Leyte.
“We are grateful to the City Government of Ormoc and to ORCHAM for this recognition. We share this award with all our stakeholders in Ormoc City, including our farmers and community associations, all our local suppliers and contractors, our partner schools, the local media, all our BINHI partners, our local government partners, and with all our customers who tirelessly support EDC as we strive to provide an uninterrupted supply of clean, renewable, reliable Geo 24/7 to the province of Leyte and the rest of the country,” said Erwin B. Magallanes, head of EDC’s Corporate Social Responsibility team in its Leyte geothermal facility.
“This award is particularly meaningful to us this year considering the trials that our country and the whole world are going through due to the COVID-19 pandemic. We are one with Ormoc City and the rest of Leyte in their fight against the virus and we will continue to work with the local government to help stem the transmission in the province,” adds Magallanes.
EDC has recently donated almost P27-million worth of reverse transcription polymerase chain reaction (RT-PCR) machine and attachments to Ormoc City’s first Molecular Diagnostics Center that was inaugurated on the city’s charter day on October 20 .
EDC’s Leyte geothermal facility has been supplying power to the province of Leyte and the rest of the Visayas region for almost 40 years. The renewable energy company in the Philippines has over 1,205-megawatt total installed geothermal capacity, which accounts for 62% of the country’s generated renewable energy and is responsible for putting EDC and the Philippines on the map as the world’s 3rd largest geothermal producer.
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.