The Energy Regulatory Commission (ERC) has provisionally approved the power supply agreement (PSA) underwritten by the Batangas II Electric Cooperative (BATELEC II) with Bac-Man Geothermal Inc. (BGI), which is a subsidiary company of the Lopez-led Energy Development Corporation. The regulatory body...
TDK Philippines Corp., a manufacturing firm for electronic components, had shifted its electricity service usage to renewable energy (RE) and will tap Energy Development Corp. (EDC) of Lopez-led First Gen Corp. for its supply. The TDK Group said it had taken this move for its entire manufacturing...
The 3.6-megawatt binary expansion of the Mindanao geothermal power plant of Lopez-led Energy Development Corporation (EDC) is now delivering capacity into the grid, hence, reinforcing Mindanao’s portfolio on the renewable energy (RE) sphere. The P1.9 billion Mindanao-3 (M3) expansion project...
Ayala-led ACEN Corporation is ramping up its renewable energy (RE) portfolio investments portfolio target across Asian markets to 18,000 megawatts (MW), a mammoth 13,000MW expansion from its original development plan of 5,000MW through year 2025, making it the biggest capacity build-up by a power...
Lopez-led First Gen Corporation and Energy Development Corporation (EDC) have signed up at least 11 new customers for power supply agreements (PSAs) anchored on the Green Energy Option Program (GEOP) instituted by the government. First Gen-EDC's new customers include Asahi Electrical Manufacturing...
Leisure and business hotel The Linden Suites has shifted its electricity usage to renewable energy (RE) by underwriting a power supply agreement (PSA) under the Green Energy Option Program (GEOP) offer of First Gen Corporation and Energy Development Corporation of the Lopez group. According to Ma....
Ayala-led AC Energy has been ramping up its offer to qualified customers who will choose renewable energy (RE) technologies in meeting their electricity needs. The company said it is now reinforcing team efforts into enlisting customers under the Green Energy Option Program (GEOP), a policy that...
Leading renewable energy firm Energy Development Corporation (EDC) has extended for another two years its power supply agreement with Silliman University, an academic institution in the Visayas which has been championing the utilization of green technology for its energy needs. For this power...
The Department of Energy (DOE) is amplifying its pitch for American companies to consider injecting capital into the country’s renewable energy (RE) sector as government schedules another contracting round this year. Energy Secretary Alfonso G. Cusi sounded this off during a Virtual Economic...
The city government of Ormoc is solidifying its stance on enticing capital that will be funneled into renewable energy (RE) projects partly to help the locality meet its power requirements, as well as contribute to the country’s overall energy needs. The city’s desire for RE investment flows...
Academic institution De La Salle-Lipa, which is reinforcing its sustainability practices, has renewed its power supply agreement (PSA) with Energy Development Corporation (EDC), the pure renewable energy subsidiary of Lopez-led First Gen Corporation. In a statement to the media, EDC noted that the...
The Department of Energy (DOE) will craft separate “remuneration packages” on hydropower and geothermal technologies in the targeted auction of renewable energy (RE) capacities for compliance of mandated participants to the Renewable Portfolio Standards (RPS) policy. A revised DOE circular said...
