Energy Development Corp. of the Lopez Group plans to expand its geothermal capacity by 30 megawatts.
“Right now we have a few plants lined up for EDC. They are small, less than 30 MW. Just a couple in the pipeline and we are likely to issue notice to proceed on one of them within the next 6 months,” said EDC president Richard Tantoco.
He said the company would implement the expansion in existing assets, such as the Bacon-Manito, Unified Leyte and Mt. Apo geothermal projects.
EDC is one of the world’s largest geothermal producers and the country’s leading renewable energy company with an installed capacity of 1,471.8 megawatts.
EDC has been serving the need of large and small companies for cleaner power supply.
Tantoco noted an increasing interest from companies for renewable energy sources such as geothermal.
EDC head of business development, marketing and trading Marvin Kenneth Bailon said “geothermal, for us, is the holy grail of renewable energy.”
“It is clean, and it is base-load, hence it is reliable and can run 24/7 without depending on the seasons,” Bailon said.
Hamlin Industrial Corp., a unit of the NST Group, tapped EDC’s 150-megawatt Bacon-Manito geothermal project in the Bicol region to supply its facility in Carmona, Cavite.
“NST Group is a proud Filipino company linking brands and manufacturers into creating clothes for world-class brands. We are happy to partner with EDC to step up our sustainability initiatives for our tenants that manufacture our garments for our buyers,” said NST Apparel director and Hamlin president Lawrence Delos Santos.
Hamlin is a garment manufacturing and exporting company established in 1995 whose facility is located at the Golden Mile Business Park in Barangay Maduya in Carmona, Cavite province.
“We believe geothermal power is a great fit for our business. It is a great complement to the biomass boiler we have on-site, which powers our air conditioning systems, among others, using waste materials generated from production,” delos Santos said. The NST Group also has production facilities in Portugal and China.
EDC last month also announced it would supply clean energy to Mondelez Philippines, the local unit of global snack giant Mondelēz International Inc., for its manufacturing plant in Sucat, Parañaque City.