Gov't clears P10-B geothermal risk fund
The Economy and Development Council has approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
· 2 min read
Daily TribuneTopic
The Economy and Development Council has approved a P10.07-billion Philippine Geothermal Resource Derisking Facility, a government-backed financing mechanism to…
· 2 min read
SM Investments Corp. said renewable energy accounted for 31 percent of the SM Group’s total electricity consumption in 2025, up from 27 percent in 2024, as the…
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First Gen Corp. (FGEN) saw its attributable net income slump 24 percent in the first quarter to P3.6 billion from P4.8 billion a year ago, as the Lopez-led…
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The company generated P52.1 billion in revenues, up 6 percent from P48.9 billion in 2024, driven by higher electricity sales. EDC’s geothermal, wind, and solar…
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Makati has become the first local government unit in the Philippines to achieve 100 percent renewable energy utilization for its facilities, the Energy…
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‘We’re looking at around $30 million for the exploration and initial drilling.’
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Lopez family-led First Gen Corp. (First Gen) is consolidating its operations under a single corporate brand to better respond to shifting customer demands and…
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TACLOBAN CITY — A decades-old plan to harness geothermal energy in Biliran has hit a new snag after provincial and municipal leaders voiced strong opposition…
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ACEN Corp. has finished its transition to 100 percent renewable energy generation across its portfolio earlier this year, keeping the Ayala group’s listed…
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Through the Philippine Geothermal Resource De-Risking Facility, which will be backed by an Asian Development Bank sovereign loan fund, the government will help…
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Geothermal power provides a clean, reliable and consistent energy source — qualities that are vital for hospitals.
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First Gen Corp. (FGEN) is now supplying geothermal power to Divine Mercy Wellness and Medical Center (DMWMC) in Tuguegarao City through its renewable energy…
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Driving the country toward a greener future, the Department of Energy (DoE) is eyeing the development of more policies to support private energy companies in…
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Energy Development Corp. (EDC), a unit of Lopez-led First Gen Corp., has formalized its expansion into Indonesia through a joint venture that seeks to tap and…
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‘We see growing opportunities for Filipino and New Zealand firms to partner in food and agritech, digital services, and education,’ according to New Zealand…
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SINGAPORE — The Department of Energy (DOE) is drafting a new bill to make geothermal energy a safer bet for investors by addressing the high costs and risks…
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SINGAPORE — Lopez family-led energy firm First Gen Corp. (FGEN) is calling for stronger government support and policy reforms to expand the country’s…
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‘Our goal is 13 gigawatts by 2030. Right now, we are at three-something. It’s all 13 gigawatts.’
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