The Philippines is eyeing to firm up collaboration and prospective private sector partnerships with the United States for targeted deployment of next-generation geothermal technologies in the country. According to Energy Secretary Raphael P. M. Lotilla, the Philippines will “identify advances...
Lopez-led Energy Development Corporation (EDC) will be leaning on the technology of American firm GreenFire Energy Inc. in shoring up the capacity of its geothermal assets – primarily in beefing up the generation capacity of its Mahanagdong geothermal facility in Leyte. San...
The Sy siblings’ flagship SM Investments Corporation (SMIC) is expecting that its portfolio investments will account for more than 10 percent of overall earnings in the medium term. The firm’s investments are in integrated resorts through Belle Corporation, in copper mining through Atlas...
Investors can now expect greater clarity and transparency in the upcoming Green Energy Auction (GEA-3) program, scheduled for November this year, as the Department of Energy (DOE) announced an end to the "tariff guessing game." To provide a more predictable framework, the DOE said it will be issuing...
The Energy Regulatory Commission (ERC) will seek guidance from the Department of Energy (DOE) in setting the price of hydro and geothermal capacities under the green energy auction reserve (GEAR) given the huge cost for these projects. ERC Chairperson Monalisa C. Dimalanta noted of the cost for...
Hocheng Philippines Corporation (HCG), a total bathroom solutions provider, has renewed its power supply agreement with First Gen Corporation of the Lopez group. The new lease on their contract entails that HCG will continue to draw its 850-kilowatt power requirements from the geothermal assets of...
Environmental crusader Carlos Aboitiz on why we should confront our warring opinions on climate justice and energy transition DCIM 100MEDIA DJI_0139.JPG Among the greatest public issues of our time, as drastic as the ongoing Covid-19 pandemic is climate change. The long-term shifts in temperatures...
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...
