GUUN Co. Ltd., a Japanese waste management and recycling company, has signed a power supply deal with First Gen Corporation so it can draw its energy needs from a clean technology source. In a statement to the media, First Gen specified that GUUN’s switch to renewable energy will support its...
AP Renewables Inc. (APRI), a subsidiary of Aboitiz Power Corporation, is eyeing completion this year of its 17-megawatt binary plant for integration into its existing 330MW Tiwi geothermal power facility in Albay province. As a follow-through to last year’s award of the engineering, procurement...
Another factory shifts energy use to RE By MYRNA M. VELASCO Mc Bride Corporation, which is into PET bottles manufacturing, is the latest to join the bandwagon of corporates which had shifted its power use to renewable energy (RE), as catered to by Lopez-led firm First Gen Corporation. Based on a...
Lopez-led Energy Development Corporation (EDC) will be reinforcing its geothermal capacity with at least six new projects being lined up for completion by end-2022 and in the next five years. Atty. Allan Barcena, assistant vice president and head of public relations at EDC, noted that four projects...
AP Renewables Inc. (APRI), a subsidiary of Aboitiz Power Corporation, has tapped American firm Ormat Technologies Inc. as well as Filipino company Desco Inc. for the engineering, procurement and construction (EPC) contract of its 17-megawatt binary project that is integrated into its Tiwi...
The United States government, through its US Trade and Development Agency (USTDA), has extended financial assistance for the conduct of a feasibility study (FS) on the 50-megawatt Amacan geothermal prospect being pursued by Lopez-led Energy Development Corporation (EDC) in Mindanao. The grant was...
Owing to higher electricity sales and the uptick in oil prices, Yuchengco-led PetroEnergy Resources Corporation (PERC) has posted 31-percent income jump to P506 million in the first half this 2022 from leaner P386 million in the same period last year. “The robust financial performance was largely...
The Department of Energy (DOE) is studying prospects of opening up the renewable energy (RE) sector to 100 percent foreign ownership, primarily in the domain of solar and wind farm installations, for the manufacturing sector. Energy Secretary Raphael P.M. Lotilla raised this possibility as he...
Food manufacturer Monde Nissin Corporation (MNC) has inked a power supply agreement (PSA) with Energy Development Corporation (EDC), for it to source electricity supply from a renewable energy-generated resource. According to EDC, which is a subsidiary firm of Lopez-led First Gen Corporation, the...
AP Renewables Inc. (APRI), a subsidiary of listed firm Aboitiz Power Corporation, is targeting to add at least 17 megawatts into its power generation capacity by pursuing its blueprinted binary geothermal power project in Tiwi, Albay. According to APRI, it will be constructing a binary geothermal...
Leading renewable energy (RE) firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, will be supplying RE-generated electricity to Bohol province for the next 10 years. In a statement to the media, EDC emphasized that it won the joint competitive selection...
Razon-led MORE Electric and Power Corporation will tap 20 megawatts of its electricity supply from Energy Development Corporation (EDC), a subsidiary of First Gen Corporation of the Lopez group. MORE Power will be utilizing the contracted power supply in servicing its roughly 87,000 customers in...
