
First Gen seeks stronger policies to de-risk geothermal projects as Negros plant undergoes P3-B upgrade
The Southern Negros Geothermal Project in Valencia, Negros Oriental has a total installed capacity of 222.5 megawatts of clean and renewable energy.*/EDC photoFirst Gen Corp. is calling for stronger government policies and financing mechanisms to reduce the risks of geothermal development across Southeast Asia, as its subsidiary Energy Development Corp. continues to operate and expand geothermal facilities in Negros Oriental, recently.In a press release, The company raised the proposal during a strategic side event at the opening of the ASEAN Energy Business Forum, where industry leaders, policymakers and energy experts discussed barriers to tapping the region’s estimated 34 to 35 gigawatts of geothermal resources.First Gen said Southeast Asia accounts for nearly 48 percent of ...









