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

Alternergy receives initial tranche from $136m funding for Tanay project

Over 20 countries pledge no new coal power at COP29

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