geothermal energy

First Gen eyes P25-B funding for Negros geothermal biz

First Gen Corp. is allotting up to P25 billion to optimize the group’s geothermal operations…

First Gen bullish on 2026 amid geothermal energy push

First Gen Corp. remains optimistic on a stronger financial performance in 2026 as it expects…

SMIC laying out P3B for six new geothermal energy sites

SM Investments Corp. (SMIC) plans to invest more than $50 million or over P3 billion…

EDC to invest P30B in Leyte geothermal complex

Energy Development Corp. (EDC) will shell out about P30 billion to rebuild its Leyte geothermal…

EDC trims 2026 capital spending budget to P19B

Geothermal energy giant Energy Development Corp. (EDC) has set a capital expenditure (capex) budget of…

Risk mitigation fund for geothermal ventures takes shape

The Department of Energy (DOE) and the Land Bank of the Philippines have formalized a…

Geothermal energy needs more support–First Gen

Singapore—The Philippines, currently the third largest geothermal producer, will need more government support to ensure…

BIZ BUZZ: EDC eyes Iceland, NZ geothermal energy

Many people go to Iceland to chase the breathtaking but elusive Aurora Borealis. Or they…

First Gen to fork out $80M for Indonesian geothermal foray

Lopez-led First Gen Corp. will bring in up to $80 million in initial investments to…

SMIC expands renewables biz with geothermal power

Sy family-led SM Investments Corp. (SMIC) is ramping up its renewables efforts as it eyes…