BusinessWorld
May 17, 2021 | 9:04 am
Special Features Writer
The countryâs energy grid continues to shift away from traditional sources and further to renewable ones. This was highly noticed in the past months as concerns on individual health and environmental welfare heightened amid the coronavirus disease 2019 (COVID-19) pandemic.
Hearing the louder call to harness cleaner sources of energy, both public and private sectors have strengthened their commitments to energize the country through renewables.
On the governmentâs part, the Department of Energy (DoE), through Secretary Alfonso G. Cusi, reaffirmed its commitment last year to develop the countryâs renewable resources in fulfillment of the Renewable Energy Act of 2008.
First Gen supplying Ali Mall with hydropower on May 11, 2021 at 5:43 pm
First Gen Corporation has been tapped by the Araneta Group to supply renewable energy (RE) to the iconic Ali Mall in Cubao, Quezon City.
The Lopez-led firm, through subsidiary Bacman Geothermal, Inc. (BGI), signed an agreement with Araneta City, Inc. (ACI), the Araneta Group’s property arm. Under the two-year deal, BGI will supply the mall with 2.1 megawatts (MW) of power from First Gen’s 132MW Pantabangan-Masiway hydroelectric plant in Nueva Ecija.
“We at First Gen are happy that the Araneta Group has accepted our offer to be a partner in the task even if daunting of reducing the buildup of more heat-trapping carbon dioxide in the atmosphere,” First Gen Vice President for Marketing Carlo Vega said in a statement.
First Gen RES to supply Megaworld BGC buildings with geothermal power on April 26, 2021 at 2:58 pm
First Gen Corporation has been chosen by Megaworld Corporation to supply 6.17 megawatts (MW) of geothermal energy to its four buildings in Bonifacio Global City (BGC), Taguig City.
Under the two-year deal, the Lopez-led firm, through retail electricity supplier (RES) subsidiary Green Core Geothermal, Inc., will be providing clean power to Uptown Place Towers 1, 2, 3, and the flagship Alliance Global Tower, which houses Megaworld’s parent firm Alliance Global, Inc.
First Gen Vice President and Head of Power Marketing Carlos Lorenzo Vega said the power will be supplied by subsidiary Energy Development Corporation’s 123MW Tongonan Geothermal Power Plant in Kananga, Leyte.
March 10, 2021 | 7:28 pm Font Size
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FIRST GEN Corp. said Wednesday that it will make available around 690 megawatts (MW) of geothermal power for the green energy option program (GEOP).
âPrimarily, our participation will be through our geothermal plants â Bacman Geothermal in Luzon (with) 140 megawatts (MW); Unified Leyte (plants) in Visayas⦠(of around 400 or 450 megawatts); in Mindanao, Mt. Apo Geothermal at 100 megawatts,â First Gen Vice-President for Power Marketing, Trading and Economics Carlos Lorenzo L. Vega said at a webinar hosted by the non-governmental organization Center for Renewable Energy and Sustainable Technology.
â(Our planned capacity for the GEOP is a) total of 690 MW,â he said.