Elevate together at 48

In a simple yet heartwarming town hall gathering, First Gen-owned Energy Development Corporation marked its 48th anniversary alongside its esteemed leaders and steadfast employees. The occasion served as an opportunity for recently appointed President and COO Jerome H. Cainglet, and Vice Chairman and CEO Francis Giles Puno, to forge deeper connections with their EDC Kapamilya. […]

EDC and AIM to Establish Cutting-Edge Innovation Lab

MAKATI, Philippines – In a pivotal partnership aimed at fostering innovation, the Asian Institute of Management (AIM) has received a PHP10 Million donation from the Energy Development Corporation (EDC) for the development and naming of its Innovation Laboratory. The Memorandum of Agreement signing, held on 2 February 2024 at the AIM Main Lobby, marks a […]

Exergy receives third repeat order with EDC

Originally published on energyglobal.com Exergy International, a global provider of clean energy technology and leader in new generation geothermal ORC power plants, has been awarded a new contract by Energy Development Corp. (EDC) for the supply of a 5.6 MWe binary system in Barangay Mailum, Negros Occidental, the Philippines. The power plant will be commissioned […]

Energy Development Corporation is Awarded a USTDA Grant and Selects GreenFire Energy Inc. for Geothermal Power

Originally published on greenfireenergy.com GreenFire’s GreenLoop™ Technology to Increase Power Production at EDC’s  Mahanagdong Geothermal Field in Leyte, Philippines SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. is proud to announce that Energy Development Corporation (“EDC”) has been awarded a significant grant from U.S. Trade and Development Agency (“USTDA”). With the grant, EDC has selected GreenFire Energy Inc. to use its GreenFire’s GreenLoop™ (“GreenLoop”) […]

FGen-EDC to supply cheaper power to Bohol

Originally published on pia.gov.ph CORTES, Bohol (PIA) — Consumers in Bohol might soon see a lowering of their electricity bill with the re-entry of geothermal energy in the island.   First Gen’s 100% renewable energy arm, Energy Development Corporation (EDC), is set to sign a supply contract for around 50 megawatts of power to Bohol.  This […]

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 […]