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EDC shuts down BacMan unit for maintenance

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Lopez-led Energy Development Corp. (EDC) said Unit 1 of its BacMan geothermal power plant would be on maintenance shutdown for at least 12 days this month.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

EDC’s Bacman1 back online

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The 55-megawatt (MW) Unit 1 of the Bacon-Manito (Bacman1) geothermal facility is up and running again following scheduled maintenance work over the weekend, Energy Development Corp. (EDC) yesterday reported.

Posted: June 4th, 2013 in Headlines | Read More »

Lopez unit, Canadian firm to develop geothermal areas in Chile, Peru

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Energy Development Corp. (EDC), the country’s largest geothermal resources firm, signed a joint-venture agreement with Canada-based Alterra Power Corp. for the joint development of four geothermal concession areas in Chile and Peru.

Posted: May 20th, 2013 in Headlines | Read More »

EDC to expand Luzon, Mindanao plants

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Energy Development Corp. (EDC), the country’s largest producer of geothermal energy, may invest as much as $375 million—roughly P15.4 billion at the prevailing exchange rate—for the expansion of power projects in Luzon and Mindanao.

Posted: May 13th, 2013 in Headlines | Read More »

EDC eyes interest in Chile project

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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.

Posted: May 6th, 2013 in Latest Business Stories | Read More »

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