EDC takes first step to becoming zero-waste company
QUICK READ: Energy Development Corporation has partnered with Plastic Flamingo to recycle their employees’ plastic waste. The Philippines was ranked as the world’s third biggest polluter with 2.7 million metric tons of plastic waste generated annually, according to the report released by the McKinsey Center for Business and Environment in 2020. For this […]
EDC to issue P15 billion green bonds
By Danessa Rivera | The Philippine Star QUICK READ: The bond proceeds would mainly bankroll the expansion of EDC’s BacMan geothermal power plant. Lopez-led Energy Development Corp. (EDC) plans to issue green bonds worth P15 billion this year as part of its push for green and sustainable power development. In a regulatory […]
What the Philippines needs to do in 2021 to deliver its climate pledges
Source: Institute for Energy Economics and Financial Analysis | Photo Credit: Eco-Business By Hannah Alcoseba Fernandez, Eco-Business This was published with permission from Eco-Business. See the original article here. QUICK READ: Ditching coal plants, investing in alternative energy, reducing plastic use, and protecting forests are key. While COVID-19 lockdown measures in 2020 brought […]
Low-carbon sources to spur energy transition
Photo Credit: The Manila Times By Jordeene B. Lagare | The Manila Times QUICK READ: The DOE plans to increase the production of clean, indigenous, and alternative energy to meet the country’s economic development. The Department of Energy (DOE) is banking on nonconventional energy sources to spur the country’s energy transition, according to one […]
Planting trees
By Business Mirror QUICK READ: Energy Development Corporation and BIHNI aim to protect and restore Philippine forests to achieve a sustainable future. Joyce Kilmer’s poem, Trees, goes: “I think that I shall never see /A poem lovely as a tree”… and many of the older generations can recite the rest of it by heart, […]
Iloilo City to strengthen COVID-19 resiliency with Lopez Group-donated lab equipment
Thumbs up! The Lopez Group of Companies through the Energy Development Corporation (EDC) and the local government of Iloilo City officially inked the deal for the P5.5M-worth of medical equipment donation to the city’s Uswag Molecular Laboratory in Molo District. The photo shows First Philippine Holdings Chairman and CEO Federico R. Lopez, Iloilo City Mayor […]
Greening PHL the public-private way
By Jonathan L. Mayuga | BusinessMirror QUICK READ: When private companies like the Energy Development Corporation collaborate with other organizations for greening projects, it can only help the country’s reforestation efforts. The Energy Development Corporation (EDC), the country’s largest and the world’s second-largest geothermal energy producer, recently celebrated the 12th anniversary of BINHI, […]
Lopez, Aboitiz firms among 6 RE suppliers in DOE green energy program
By Power Philippines QUICK READ: BacMan Geothermal, Inc of Energy Development Corporation among the first who can supply clean energy to end users. The Department of Energy (DOE) has given the green light to six renewable energy (RE) suppliers, led by Lopez and Aboitiz-run firms, to offer cleaner energy options to consumers. Those […]
EDC starts P1.3 billion expansion of BacMan geothermal plant
By Danessa Rivera | The Philippine Star QUICK READ: Energy Development Corporation has expansion plans that could yield an additional 80 MW in capacity. Lopez-led Energy Development Corporation (EDC) has kicked off the construction of the P1.3-billion expansion of the Bacon-Manito (BacMan) geothermal power plant. EDC has awarded the engineering, procurement, and […]
Threatened PH native trees get a lifeline
Photo Credit: Inquirer.net By Tina Arceo-Dumlao | Inquirer.net QUICK READ: EDC’s regenerative programs and partnerships help Philippine native trees survive and thrive. What started in 2008 with the planting of a single seedling from the Tindalo mother tree that Commonwealth President Manuel L. Quezon planted in 1938 in Bacolod City has grown 12 […]