
First Gen marks 50 years of EDC, launches unified brand
First Gen Corporation (First Gen) marked a milestone in the country’s renewable energy journey, celebrating the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), the largest vertically integrated geothermal producer in the world.This year also marks five decades of geothermal energy development in the Philippines, which to date is the only renewable source that can run baseload capacity.“From the very beginning, the mandate of EDC was clear: harness indigenous resources and develop homegrown power supply that will make the country’s energy grid resilient and secure,” First Gen Chairman Federico Lopez said.EDC was created as a state-owned corporation on March 5, 1976, by virtue of Presidential Decree 927. It aimed to develop geothermal power and reduce th...









