^
+ Follow NASULO Tag
NASULO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1487738
                    [Title] => Energy Development Corporation income drops in H1
                    [Summary] => 

Profits of Lopez-led geothermal and wind energy company Energy Development Corp. (EDC) dropped more than a quarter in the first half of 2015 mainly due to the outage of its power geothermal asset and lower output of its hydropower project, as well as higher expenses related to typhoon repair works.

[DatePublished] => 2015-08-13 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1433285 [Title] => First Gen earnings surge 64% to $193M in 2014 [Summary] =>

Lopez-owned power generation company First Gen Corp. reported a 64- percent increase in its 2014 net income to $193.2 million from $118 million the prior year.

[DatePublished] => 2015-03-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1431436 [Title] => EDC turns in record P9.2-B earnings in 2014 [Summary] =>

The Energy Development Corp. (EDC), the Lopez-led geothermal and wind energy company, posted a P9.2 billion net income last year, 40 percent higher than the P6.6 billion recorded in 2013.

[DatePublished] => 2015-03-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1374803 [Title] => New geothermal plant in Negros or EDC boosts Visayas power grid [Summary] =>

The Energy Development Corporation inaugurated on Friday its 49.4-megawatt Nasulo geothermal power plant in Valencia town of Negros Oriental.

[DatePublished] => 2014-09-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1432257 [AuthorName] => Judy Flores Partlow [SectionName] => Freeman Region [SectionUrl] => region [URL] => ) [4] => Array ( [ArticleID] => 1373917 [Title] => EDC commissions Negros geothermal plant [Summary] =>

Energy Development Corp. (EDC), a Lopez-owned geothermal company, has commissioned its 49.4-megawatt (MW)Nasulo geothermal project in Valencia, Negros Oriental.

[DatePublished] => 2014-09-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1254197 [Title] => EDC reports P5.8-B net profit in 9 mos [Summary] =>

Lopez-owned geothermal company Energy Development Corp. (EDC) posted a recurring net income of P5.8 billion, 7.7 percent lower than the P6.3 billion earned during the same period last year.

[DatePublished] => 2013-11-08 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 45607 [Title] => Toshiba offers to build geothermal plant in Negros [Summary] => [DatePublished] => 2008-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 385369 [Title] => Negros power plant emission standards set [Summary] => PNOC-Energy Development Corp. signed yesterday with the World Bank an emission reduction purchase agreement (ERPA) for the Northern Negros geothermal power project (NNGP).

 The 49.37-megawatt power project, located in Negros Occidental, will harness clean, indigenous geothermal energy to meet the increasing demand for electricity in the Visayas region.
[DatePublished] => 2007-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 297501 [Title] => PNOC-EDC shortlists 4 foreign firms keen on geothermal plant [Summary] => The country’s leading producer of geothermal energy, the state-owned Philippine National Oil Co.-Exploration Development Corp. (PNOC-EDC) shortlisted four international firms eyeing the P1.6 billion, 20-megawatt Nasulo or Palinpinon II optimization geothermal power plant in Negros Oriental.

PNOC-EDC said four firms passed eligibility requirements for the full turnkey contract. These are ALSTOM Power New Zealand Ltd., Kanematsu and Hyundai consortium, Marubeni Corp., and Ormat International Inc.
[DatePublished] => 2005-09-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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