News for First Gen Corporation (FSGCY)

Amid escalating climate losses and no net zero goal in sight, a newly proposed Low Carbon Economy Investment Act and ambitious private sector-led initiatives only way for Philippine industries to decarbonise.

An official of Lopez-led First Gen Corp., the country’s leading clean energy provider, said in a recent forum that the country cannot continue to operate under the assumption that coal is cheap. “Affordability has many dimensions to it. If we say that this fuel source is cheap or expensive today,…

THE government must prioritize indigenous energy sources to ensure a continuous and stable supply in the country, energy expert Pete Maniego Jr., a senior policy advisor of the Institute for Climate and Sustainable Cities (ICSC), said Tuesday. “Government should of course promote indigenous sources for energy security and independence,” the former…

THE frequent red and yellow alerts hoisted over the Luzon and Visayas grids since April this year won’t persuade the Department of Energy (DOE) to lift the moratorium on the development of new coal-fired power plants. “Currently, the DOE maintains its stand on implementing the coal moratorium to continue the…

Earnings call: LANXESS targets growth amid challenging Q1

AMD Extends Leadership Adaptive SoC Portfolio with New Versal Series Gen 2 Devices Delivering End-to-End Acceleration for AI-Driven Embedded Systems

The Small-Scale LNG Market Size was valued at USD 51.2 Billion in 2022 and the Worldwide Small-Scale LNG Market Size is Expected to Reach USD 95.9 Billion...

TWO geothermal power facilities of First Gen-owned Energy Development Corporation (EDC) have surpassed the expected 25-year life span of geothermal systems and remain in operation for 40 years now, supplying clean, renewable, and reliable energy to Luzon and Visayas since 1983. The 112.5-megawatt (MW) Palinpinon geothermal power plant in Valencia,…

According to Fortune Business Insights, the global Geothermal Energy Market size is projected to grow from USD 52.87 billion in 2020 to USD 83.27 billion...