Energy Development Corp., the country’s biggest producer of geothermal energy, is acquiring a 70-percent stake in a geothermal concession in Chile, which is currently owned by Canada-based Alterra Power Corp.
Philippine exporters are exploring the possibility of supplying Chile with food and industrial goods.
Chile is seeking the Philippines’ help in developing its geothermal resources and has also urged local firms to invest in the South American country, according to Energy Secretary Jose Rene D. Almendras.
The Philippines is looking to send English teachers, fishery experts and geothermal specialists to Chile. In return, one of the world’s biggest mineral producers will teach local taxmen how to squeeze more revenues from mining companies.
Energy Development Corp., the country’s biggest producer of geothermal energy, has dropped two exploration projects in Chile, after initial assessments showed that existing resources are not viable enough for power production.
The Energy Development Corp., the country’s largest producer of geothermal energy, has been awarded its first international concession area in Chile, allowing the Lopez affiliate to expand its operations globally.
The Energy Development Corp., the country’s largest producer of geothermal energy, has been awarded its first international concession area in Chile, allowing the Lopez affiliate to expand its operations globally.
Energy Development Corp. (EDC) has acquired a 70-percent stake in each of the four geothermal concession areas in Chile and Peru, as part of its efforts to expand operations globally.
Lopez-led First Gen Corp. is upbeat on opportunities for overseas expansion, particularly in Indonesia and Chile, within the next five years using the geothermal power-generation expertise of affiliate Energy Development Corp. (EDC). First Gen president Francis Giles Puno said in a recent interview that both First Gen and EDC would be expected to deliver better [...]
Energy Development Corp. (EDC), the country’s biggest producer of geothermal energy, is set to expand globally as it expects to be awarded within the year geothermal concession areas offered earlier by the Chilean government. “Overseas, we have applied for 13 concession areas and submitted bids for five other concession areas in Chile. We expect positive [...]
