News

Project

Staff Reporter

, Philippines

Published:

5 months ago

Photo by Pixabay via Pexels

EDC eyes completion of six RE projects in 2024

These include geothermal plants and battery storage systems.

The Philippines’ Energy Development Corp. (EDC) said it is on track to complete six new renewable energy projects within the year as it aims to contribute to providing secure energy supply in the country.

In a statement, EDC said the projects include three geothermal plants, namely the 20-megawatt (MW) Tanawon Binary in Albay, the 28-MW Mahanagdong Binary Plant in Leyte, and the 5.6-MW Bago Binary in Negros Occidental.

EDC earlier inaugurated its 28.9-MW Palayan Binary Geothermal Power Plant also in Albay. The $119.95m (PHP7b) project is now integrated into the grid, providing support to the Philippines’ energy sector amidst growing power demand.

Aside from these power plants, EDC President and CEO Jerome Cainglet said the company is also scheduled to complete three battery energy storage systems within the year.

$1 = PHP58.36

Follow the link for more news on

First Gen Corporation

renewable energy

Also Read

India sees record renewable installations under GEOA

Malaysia’s VCI Global to acquire solar farm in North Macedonia

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Costly modules drag India's solar deployment

This has led to a shortfall in the rollout.

1 day ago

Global solar and wind energy capacity to reach new record in 2025

They will be critical in energising emerging sectors such as data centres.

1 day ago

India's offshore wind faces 12-year wait for grid parity

The VGF scheme may not be enough to fill the gap.

1 day ago

India’s VGF scheme enough to fund Indian BESS deployment

The country was urged to accelerate the distribution of funding available.

Lending & Credit

1 day ago

Exclusives

Cambodia urged to rethink its costly LNG ambitions

It should learn from peers who struggle to fuse the costly fuel into their energy systems.

Power Utility

3 days ago

Trump 2.0 could thump India's solar ambition

Its solar companies may need to set up manufacturing plants in the US to bypass tariffs.

3 days ago

Oracle Power in talks for $1.4b financing of hybrid RE plant in Pakistan

The 1.3 GW wind and solar plant may start supplying power to 1.2 million houses by 2028.

Project

Clean power must meet Asian demand amidst fading coal investment

Weaning the region off coal is a challenge, with rising electricity requirements.

Lending & Credit

Event News

Co-Written / Partner Sarawak Energy recognised with five honours at the Asian Power Awards 2024

Malaysia’s largest renewable energy developer received recognition for its digital transformation in power generation and advancements in sustainable hydropower development.