Lopez family plans to enter energy storage market

Energy Development Corp. (EDC), the geothermal arm of the Lopez Group, is looking to add offshore wind and battery energy storage systems (BESS) in its power generation portfolio in the next 10 years.

EDC assistant vice president Allan Barcena told reporters the company has a “big concession” in the offshore wind while they are also keen on BESS.

The company is also looking at a total pipeline of 100 MW for geothermal comprising of the 30 MW Palayan binary power plant in Manito, Albay, the 30 MW Tanawon project, which is an expansion of the Bacon-Manito geothermal plant in Bacon, Sorsogon City, and Manito, Albay, and the 30 MW Mahanagdong geothermal plant in Leyte.

EDC is the world’s third biggest geothermal producer with an installed capacity of 1,181 MW.

Samat  cleared to start LNG project in Bataan

Samat LNG Corp. has received the greenlight from the Department of Energy to start the development of a small-scale liquefied natural gas (LNG) receiving terminal and regasification facility in Brgy. Sisiman, Mariveles, Bataan.

Usapang Bilyonaryo

Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.


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