Manila Polo Club bites First Gen’s offer of cheaper, cleaner power supply
By Myrna M. Velasco | Manila Standard In the cutthroat contest of the retail competition and open access (RCOA) regime of the restructured electricity sector, First Gen Corporation scored another win by cornering Manila Polo Club as its new retail power customer. First Gen will be supplying the electricity needs of the premiere […]
EDC: Palayan binary plant to cut PHL carbon emissions
Lopez-led Energy Development Corporation (EDC), through its BacMan Geothermal Inc. subsidiary, on Wednesday broke ground on its P7-billion Palayan Binary Power Plant (PBPP) project. The 29-megawatt (MW) power facility will expand EDC’s existing 130MW Bacon-Manito (BacMan) geothermal facility. It would be ready for commercial operation in December 2022. This low carbon project […]
EDC bats for Negros’ regenerative future
NEGROS OCCIDENTAL. EDC’s 112.5MW Palinpinon-1 geothermal power plant in Valencia, Negros Oriental has been supplying clean, renewable 24/7 power to Negros and other parts of Luzon and Visayas for over 37 years. FORTY-FIVE years ago on March 5, Lopez-led geothermal leader Energy Development Corporation (EDC) was established to reduce the country’s dependence on imported fuels […]
Decarbonizing PH Through Geo 24/7
OneNews.PH As the country transitions towards a decarbonized and regenerative future, Energy Development Corp. (EDC) leads the way in powering up customers with clean and sustainable energy from its roster of 100 percent clean and renewable energy (RE) plants. EDC’s 123-MW Tongonan geothermal facility in Leyte and its 112.5MW Palinipinon-1 geothermal facility in Negros […]
Tindog EDC: A story of industrial peace and harmony
In a company where “pampamilyang malasakit” or family-like concern is the norm, employees respond and show their appreciation by being highly motivated and engaged—even paying it forward to also elevate their own communities. Such is the case for renewable energy leader Energy Development Corporation (EDC), whose genuine concern for its employees stood out through […]
Energy Development Corporation wins Gawad Tugas Award anew
Media ReleaseJuly 01, 2021 Geothermal leader Energy Development Corporation’s (EDC) Southern Negros Geothermal Project has once again been bestowed the Gawad Tugas award, this time for the Clean Air and Water-Power plant category, from the Department of Environment and Natural Resources for going beyond compliance through its exemplary performance in environmental protection, conservation, and […]
Energy Development Corporation raises PHP5 billion from oversubscribed ASEAN Green Bonds
Energy Development Corporation (EDC) listed PHP5 billion worth of ASEAN Green Bonds in the Philippine Dealing & Exchange Corp. (PDEx) on June 25, 2021. It is the first tranche to be issued out of its PHP15 billion ASEAN Green Bonds shelf registration. EDC President and COO Richard B. Tantoco led the ceremony, which was […]
Energy Development Corporation to continue geothermal plant projects abroad
QUICK READ: Energy Development Corporation will develop geothermal projects in other countries as part of its expansion. By Alena Mae S. Flores | Manila Standard Energy Development Corp. said Monday it will continue to develop geothermal projects in Indonesia, Peru, Taiwan, and Chile as part of its expansion. “Although the COVID situation […]
Energy Development Corporation to rescue, propagate Palawan-endemic tree species with PCSD
QUICK READ: Energy Development Corporation collaborates with the Palawan Council for Sustainable Development to propagate more Philippine native trees endemic to Palawan island. LOPEZ-led geothermal leader Energy Development Corporation (EDC) in collaboration with its newest BINHI partner, the Palawan Council for Sustainable Development (PCSD), aims to rescue and propagate more Philippine native tree species […]
SEC approves EDC’s P15B ASEAN Green Bonds shelf registration
QUICK READ: Energy Development Corporation got their Permit to Sell for the initial tranche of P3 billion. On June 14, 2021, the Securities and Exchange Commission (SEC) issued the order rendering effective the shelf registration of Energy Development Corporation’s (EDC) P15 billion ASEAN Green Bonds and issued the Permit to Sell for the initial […]