EDC planning to drill new geothermal wells

Originally published on manilatimes.net GEOTHERMAL company Energy Development Corp. (EDC), a subsidiary of listed renewable energy (RE) firm First Gen Corp., said Monday that it was planning to spend about $1 billion (approximately P56.8 billion) over the next three...

EDC bags Ceneco power supply deal

Originally published on businessmirror.com.ph Energy Development Corp. (EDC) won the tender to supply baseload power to Central Negros Electric Cooperative (Ceneco), one of the biggest electric cooperatives in the Visayas region. EDC, a subsidiary of First Gen Corp.,...

First Balfour, EDC sign contract to build energy storage

Originally published on manilastandard.net First Balfour Inc. signed a contract with Energy Development Corp. (EDC) for its battery energy storage system (BESS) facilities with a combined capacity of 40 megawatts (MW). First Balfour, the Lopez Group’s engineering and...