Defining the News
First Gen Corp. of the Lopez Group said it is continuing with the development works of the 1,200-megawatt Santa Maria natural gas project in Batangas province to meet the growth in demand.
“The ongoing efforts on the project enables First Gen to be in a better position to make such power plant available in time to meet the expected growth in grid demand, and further help stabilize the grid by complementing intermittent renewables with more natural gas plants,” it said. First Gen was previously looking at completing the Santa Maria power plant by 2024 or 2025 in time for the completion of its proposed liquefied natural gas terminal , but such plans did not push through.First Gen said it also continues to deploy its pioneering efforts in the development of the interim offshore terminal project, having achieved practical completion in March 2023.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Gen’s income rises 4% to $277m on LNG businessDefining the News
Read more »
Prime Infrastructure and First Gen in discussions for gas aggregation frameworkRazon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. are discussing the development of a gas aggregation framework using First Gen's LNG terminal in Batangas. The framework aims to blend declining volumes of indigenous gas with imported LNG, ensuring a least-cost solution for consumers and enhancing energy security. The proposal has the support of the Department of Energy and could help mitigate the impact of rising LNG prices due to the Ukraine-Russia war.
Read more »
Next-gen Nissan Navara shows itself for the first timeNissan gives a glimpse of the next-gen truck
Read more »
BIMS 2024: A first look at the current-gen Mitsubishi Montero Sport’s last faceliftLooking forward to this?
Read more »
First Gen identifies areas for potential solar, wind farms developmentLopez-led renewable energy firm First Gen Corporation said Tuesday it has identified several areas surrounding its hydroelectric power plant complex in Pantabangan, Nueva Ecija as potential sites for solar and wind farms development as well as battery energy storage system (BESS) projects.
Read more »
First Gen Corp. to Develop Solar Plants and Wind Farms in PantabanganFirst Gen Corp. has identified potential sites for solar plants, wind farms, and battery energy storage systems in Pantabangan, Nueva Ecija. The company aims to expand its renewable energy portfolio capacity to 9,000 MW by 2030.
Read more »