Energy Development Corporation

EDC is proud member of the Lopez group of companies

Who We Are

Our company is the leading geothermal energy producer in the Philippines, and a recognized world leader in the field of wet steam technology.

The company is also the largest vertically integrated geothermal company in the world, delivering 1,473.3 MW of clean and renewable energy nationwide.

We are part of the First Gen Corporation Group (“First Gen”), which has the largest portfolio of power plants using clean and renewable technology in the country. It is also one of the cleanest, utilizing low carbon energy sources such as geothermal steam, water, and natural gas. The 16 power generation plants under First Gen have a combined capacity of 2,763 MW.

Since 1983, we have successfully developed and operated numerous geothermal energy projects that include the following:

  • Seven geothermal steam fields that contain both wet and dry steam, supplying power to power plants with an aggregate installed capacity of 1,130 MW
  • Eleven geothermal power plants with a total installed capacity of 1,179.3 MW
  • The 172.5 MW Palinpinon and 123 MW Tongonan geothermal power plants, through EDC’s subsidiary Green Core Geothermal, Inc.
  • 140 MW Bacman geothermal power plant through Bacman Geothermal, Inc., also an EDC subsidiary

Mission

We are committed to providing a better life for our present and future generations, by means of clean and renewable energy.

We are committed to promoting customer and investor interests, employee development, community welfare and environmental stewardship at all times.

Vision

We will become the global leader in geothermal energy as we strengthen our business and the development of renewable energies.

Our Core Values

The company’s geothermal team has over 40 years of technical and management experience in the geothermal industry. We also have a core team of geoscientists and engineers who hold degrees from Geothermal Institutes in Iceland, Italy, New Zealand and Japan.

We are guided by the following values:

  • A Pioneering Entrepreneurial Spirit
  • Business Excellence
  • Unity
  • Social Justice
  • Integrity
  • Employee Welfare and Wellness. We know from generations of experience that it is by living according to these values that a company can be built to last.

Our Team

We have the best qualified and trained professionals, technical and support staff who persist in always bringing EDC to the leadership of the industry. The company’s geothermal team has more than 40 years of technical and management experience in the geothermal industry. We also have a core team of geoscientists and certified engineers from Geothermal Institutes in Iceland, Italy, New Zealand and Japan.

44 years of experience in renewable energy generation

GEOTHERMAL

(since 1976)

WIND

(since 2014)

SOLAR

(since 2015)

HYDRO

(since 2008)

0,7MW
GEOTHERMAL
0MW
WIND
0MW
TOTAL CAPACITY
0,5MW
HYDRO
0MW
SOLAR

Geothermal energy has a huge capacity factor of 96%, in relation to solar and wind power

Power capacity factors in percentages

Seeds Planted in the Philippines coming from Geothermal Energy

0
Hectares Covered
0,5
MILLIONS SEEDLINGS PLANTED*
0
NATIVE TREES RESCUED
0
FARMERS’ ASSOCIATIONS ORGANIZED

EDC has acquired geothermal concessions in Chile, Peru, and Indonesia