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EDC Drilling 19 New Geothermal Wells
The Philippine Star
|May 27, 2025
Ahead of Golden Year
Lopez-led Energy Development Corp. (EDC) is digging deep into expansion this year as it intends to drill 19 new geothermal wells ahead of its golden anniversary.
EDC, which turns 50 in 2026, is also set to conduct re-entry operations in previously drilled geothermal fields and carry out multiple workovers as part of its expansion efforts this year.
Through these initiatives, the renewable energy arm of the Lopez Group aims to deliver an additional 141 megawatts (MW) of clean power to the grid.
"This planned expansion will solidify our leadership in geothermal energy while responding to the growing demand for sustainable power solutions," the company said.
This story is from the May 27, 2025 edition of The Philippine Star.
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