Conquering digital inequality: EDC, LiteHaus provide over 300 laptops to schools in Albay and Sorsogon City

SORSOGON, Philippines, 5 January 2024 — First Gen-owned Energy Development Corporation (EDC), the country’s leading renewable energy producer, continues its partnership with Australian-based non-profit organization LiteHaus International by providing of a total of 330 laptops to 22 elementary schools in Albay and Sorsogon City to further assist students in today’s technological era of online learning. […]

EDC recognised at Steward Leadership 25 for pioneering geothermal forest restoration through BINHI

Originally published on eco-business.com The Energy Development Corporation (EDC), First Gen Corporation’s 100 per cent renewable energy arm and the world’s largest vertically integrated geothermal energy producer, was included in this year’s Steward Leadership 25 (SL25) for its exemplary BINHI greening legacy program.  Organised by Stewardship Asia Centre (SAC), INSEAD Hoffmann Global Institute for Business and […]

EDC’s Palinpinon-1 Geothermal Facility celebrates 40 years of renewable power

Originally published on thinkgeoenergy.com The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Palinpinon-1 geothermal power facility located in the island of Negros in the Philippines. The 112.5-MW Palinpinon-1 geothermal facility in Valencia, Negros Oriental has been serving the energy needs of the power consumers in the Luzon and Visayas regions since 1983. […]

EDC targets energy storage projects to be finished by 2025

Originally published on bworldonline.com LOPEZ-LED Energy Development Corp. (EDC) is targeting to complete in the next two years its battery energy storage systems (BESS), which have a combined capacity of 40 megawatts (MW). “Geothermal is still our main thing. And then, in addition, we are completing our binary projects,” EDC Assistant Vice-President Allan V. Barcena […]

EDC putting up more solar power plants, energy storage systems

Originally published on business.inquirer.net MANILA  -The Lopez family’s Energy Development Corp. (EDC) plans to build additional solar power plants and battery energy storage systems within its geothermal project sites to further expand its renewable energy portfolio and increase power supply across the country. “We won’t go far because we already have space within our geothermal […]

EDC to tap new ASEAN green bonds for expansion goals

Originally published on powerphilippines.com In an attempt to generate Php 10 billion to finance the company’s expansion goals,  the Energy Development Corporation (EDC) will tap new ASEAN green bonds. The proposed second round issuance would include Php 10 billion fixed-rate bonds that would still be subjected to the approval of the Securities and Exchange Commission […]