EDC highlights regenerative thinking in the 2023 SIKAT Solidarity Building

SIKAT scholars planted a seedling in a tree growing activity on the first day of the SIKAT annual event. First Gen-owned geothermal leader Energy Development Corporation’s (EDC) emphasized the value of youth empowerment to ignite regenerative thinking among its scholars in the face-to-face solidarity building and leadership skills training held at the Keitech facility in […]

EDC, AFoCO, and FMB lead private-public efforts in BacMan regreening project

In a significant step toward forest restoration and sustainable management, the Energy Development Corporation (EDC), a leading renewable energy company under First Gen, joined hands with the Asian Forest Cooperation Organization (AFoCO) and the Forest Management Bureau (FMB) to begin work on the project titled: Forest Restoration Using Philippine Threatened and Endemic Tree Species (PTES) […]

DepEd supports GeoSkwela project of EDC

Grade 6 students from Tongonan (Kananga) Elementary School reading the GeoSkwela booklets distributed by EDC. About 1,000 students from Grade 6, 9, and 11 currently enrolled in 9 schools of Ormoc City and Kananga will benefit from the GeoSkwela project of the renewable energy leader. The Department of Education (DepEd) Ormoc City and Kananga Divisions […]

DENR, EDC commit to protect native trees

Originally published on pna.gov.ph SAVING FORESTS. Officials and personnel of the Department of Environment and Natural Resources Region 7 and Energy Development Corporation listen to a demo on propagating native tree species. On Thursday (June 22, 2023), the officials led the re-launching of a modern Vegetative Material Reproduction nursery at the EDC’s geothermal complex in […]

EDC distributes relief goods to Mayon evacuees in Albay

Turn over of 510 food packs and drinking water to the Municipality of Camalig. EDC Bacman employee volunteers join the Corporate Relations team as Mayor Caloy Baldo (center) receives the goods. First Gen-owned Energy Development Corporation (EDC), the country’s leading geothermal producer, donated thousands of food packs and drinking water to Mayon-affected families in evacuation […]

EDC’s BINHI regreening legacy snags regional sustainability awards

Originally published on manilastandard.net   Energy Development Corporation (EDC), the all-renewable energy arm of Lopez-led First Gen Corporation, has received accolades anew for BINHI, its institutionalized regreening and reforestation program focused on rescuing and propagating endangered local tree species.   At the 2023 Tambuli Asia Pacific Awards, BINHI won the top Gold citation under the […]

Statement to stakeholders on the EDC’s leadership transition

We confirm that Richard B. Tantoco is stepping down as EDC’s president effective on July 1, 2023 but will continue to be a member of our Board of Directors. The company’s Chief Operating Officer, Jerome H. Cainglet, was carefully selected by the Board of Directors to be EDC’s next President and COO. Mr. Tantoco is […]

FirstGen adds hydro, geothermal capacities

Originally published on malaya.com.ph   QUICK READ: Energy Development Corporation’s parent company First Gen Corporation will add hydro and geothermal projects to its portfolio as its Palayan binary project in Bicol is set to complete its expansion by September. First Gen Corp. expects to complete the expansion of the 28.9 megawatts (MW) Palayan binary project […]

EDC to complete P7-B Albay power plant in Q3

Originally published on Businessmirror   QUICK READ: Energy Development Corporation is set to complete its P7-billion binary power plant in Albay in the third quarter of this year. The project will utilize waste heat from the existing 130-MW BacMan geothermal power plant to generate energy. Lopez-led Energy Development Corp. (EDC) is set to complete its […]