EDC sets lofty goals for geothermal capacity growth ahead of 50th anniversary
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As Energy Development Corporation prepares for its 50th anniversary, it continues to set ambitious goals for geothermal power growth in the Philippines.
Philippine-based geothermal power developer and operator Energy Development Corporation (EDC) plans to drill 19 new geothermal wells as the company gears up to celebrate its 50th year anniversary in 2026. There are also plans to conduct re-entry and workover operations in its operating geothermal fields, contributing to a target of 141 MWe of new installed capacity.
“This planned expansion will solidify our leadership in geothermal energy while responding to the growing demand for sustainable power solutions,” said a company statement. “In our road to 50, 2025 will be a pivotal year. It will be a time to reap the benefits of our long-term efforts and set the stage for what’s ahead.”
Last year, the company put into commercial operations the 28.9-MW binary geothermal power plant in the Palayan Bayan field. There are three more geothermal power facilities that are expected to be operational soon – the 20-MW Tanawon plant, the 5.6-MW Bago binary power plant, and the 28-MW Mahanagdong plant.
COO and President Jerome Cainglet has provided valuable updates on the status of these projects. The Tanawon plant has already been synchronized to the grid while the testing and commissioning of the Mahanagdong plant is ongoing. Meanwhile, mechanical completion of the Bago binary power plant was achieved in late 2024.
The company has also announced plans of augmenting their geothermal power facilities with Battery Energy Storage Systems (BESS). These facilities are expected to be implemented in the Bacman, Tongonon, and Negros fields.
Source: Philippine Star
