Food manufacturing company General Milling Corporation (GMC) has partnered with Lopez-led clean energy producer First Gen Corporation (FGen) to source renewable energy (RE) for its manufacturing facility. In a statement, GMC said it signed an agreement with FGen which would allow its subsidiary,...
Lopez-led clean energy firm First Gen Corporation shared that its low-carbon power plants and gas-fired facilities are some of the ways to achieve energy security, energy equity and affordability, and environmental sustainability. During the Economic Journalists Association of the Philippines...
First Gen Corporation’s all-renewable energy arm, Energy Development Corp. (EDC), has received preliminary survey assignments and exploration (PSPE) for two greenfield geothermal projects in Indonesia. During the 10th Indonesia International Geothermal Convention, the EDC said it would have the...
In an effort to achieve net-zero carbon emissions by 2050, renewable energy (RE) provider First Gen Corporation announced that it is adding another adaptable technology to its natural gas-fired power plants by allowing the facilities to have clean or carbon-free fuel. On the sidelines of a recent...
Leading clean energy developer First Gen Corporation is lining up 9,000 megawatts of renewable energy (RE) investments to concretize its well-calculated journey to net zero – and this business decision is out to prove that sustainability and profitability can go hand in hand without frying the...
Following series of spot purchases, listed firm First Gen Corporation indicated that it is seriously weighing long-term contracting for liquefied natural gas (LNG) that it will be feeding for the electricity generation of its gas plants in Batangas. According to First Gen Chairman and CEO Federico...
Owing primarily to the ancillary services as component of the transmission charge, the overall tariff of power utility giant Manila Electric Company (Meralco) had climbed by P0.1543 per kilowatt hour (kWh) in this September billing to P11.7882 per kWh versus P11.6339 per kWh last month. The tariff...
Globe Telecom of the Ayala Group has renewed its strategic partnership with First Gen Corporation, a leading renewable and clean energy firm, to further its commitment to net-zero emissions by 2050. The telco said the partnership will contribute to expanding Globe's Renewable Energy (RE) sites...
Telecommunications giant PLDT Inc. and its wireless subsidiary Smart Communications, Inc. (Smart) have expanded renewable energy (RE) capacity sourcing from Lopez-led First Gen Corporation to power additional six of their network facilities. According to First Gen, a major PLDT facility that will...
With additional revenues to be drawn from geothermal assets that are coming on commercial stream, Lopez-led First Gen Corporation is expecting overall profit boost this year, according to a top executive of the company. First President and COO Francis Giles B. Puno indicated that at least 83...
As it seriously takes its share of the burden on the global decarbonization goal, property developer Arthaland Corporation has signed a new power supply agreement (PSA) with Lopez-led First Gen Corporation for energy services that will ramp up its usage of renewable energy (RE) resources. According...
Lopez-led First Gen Corporation will supply geothermal-generated electricity to global cement firm Holcim for the operation of its manufacturing plants in Mindanao. That green power supply draw will be a key component of the latter’s decarbonization journey. In the power supply agreement (PSA)...
