Energy Development Corporation (EDC)
Company description
Energy Development Corporation is a pioneer in the geothermal energy industry with more than three decades of proven business viability. It has helped discover new ways of developing and commercializing renewable energy right at the heart of the resource – wherever the location and whatever the condition.
From exploration and production of water-based steam power to the generation of electricity for commercial use, they build some of the world’s pioneering and most complex steam fields banking on their highly skilled manpower and homegrown technology that are fast becoming benchmarks in the industry. EDC has more than 1,400 megawatts under its green power portfolio diversified by the acquisition of a hydropower project and wind power projects in the pipeline.
Company details
Participation in projects
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The company has not participated in any projects.
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Company updates
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October 04, 2022
Toshiba ESS partners with EDC for 20 MW geothermal project in Sorsogon
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) and Toshiba Philippines have partnered with Bac-Man Geothermal Inc., (BGI), a unit of Energy Development Corporation (EDC), f...
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June 21, 2021
Lightsource reaches financial close and starts the construction of two solar projects in Australia
Lightsource bp has secured a AUD330 million (US$255.62 million) financing package and begun construction on its 107 MWdc West Wyalong and 214 MWdc Woolooga solar projects, located in New South Wales a...
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April 06, 2021
GreenFire Energy, EDC to repower Mahanagdong geothermal facility in Leyte
GreenFire Energy Inc. has entered into an agreement with world geothermal leader Energy Development Corporation (EDC) to perform a commercial retrofit that will restore and generate steam from an idle...
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March 01, 2021
ADB approves US$16mn loan for 60 MW solar project in Kampong Chhnang
Asian Development Bank approves the US$16 million loan for the 60 MW solar photovoltaic project planned in the district of Teuk Phos, Kampong Chhnang province of Cambodia. The project requires...
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February 10, 2021
MHI to supply equipment for the 29 MW binary geothermal power plant in Albay
Turboden S.p.A., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Lombardy, Italy, and Mitsubishi Power, Ltd. have jointly received an order for 29-megawatt (MW) binary cycle power...
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October 06, 2017
GIC consortium marks partnership to secure future growth of geothermal energy investment
First Gen Corporation and Philippines Renewable Energy Holdings Corporation (PREHC) have marked the commencement of their strategic partnership as substantial shareholders in Energy Development C...
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June 27, 2016
EDC receives approvals for 1.5 GW wind projects in the Philippines
Energy Development Corp. (EDC) has plans to develop six wind power projects in Philippines totaling 1.5 gigawatts (GW).
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May 08, 2015
Philippines’ DOE receives 39 bids for geothermal and hydro projects
The Philippines' Department of Energy (DOE) has received a total of 31 bids for 14 potential hydropower sites and 8 bids for 2 geothermal project prospects.
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October 23, 2014
EDC secures $315M financing for Burgos wind project
Energy Development Corporation (EDC) has signed a US$315 million financing agreement with a group of foreign and local banks for the construction of the 150-MW Burgos Wind Project (BWP) in Ilocos Nort...
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June 19, 2014
EDC signs bridge financing for Burgos wind project
Energy Development Corporation (EDC), pioneer in the geothermal energy industry, has secured financing packages to partly bankroll the construction of Phase 2 of the 150MW Burgos Wind Farm in Ilocos N...
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