First Gen Corp.

Type: Company
Name: First Gen Corp. (First Gen Corp)
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Market advances for 3rd straight day 4 minutes ago

The stock market extended its rally for the third day Thursday, after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.The Philippine Stock Exchange index rose 55.45 ... [Published Manila Standard Today - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Mart extends rally; Ayala, Puregold up 3 minutes ago

The stock market gained Wednesday after China injected cash into the financial system to support economic growth.The Philippine Stock Exchange Index rose 51.50 points, or 0.7 percent, to 7,231.84 on a value turnover of P8.1 billion. Gainers beat losers, ... [Published Manila Standard Today - Sep 17 2014]
First reported Sep 14 2014 - Updated Sep 14 2014 - 1 reports

GENERAL ELECTRIC : GE pioneers gas turbine tech in Phl

MANILA, Philippines - General Electric's jet engine-based aeroderivative gas turbines have been chosen to power First Generation Corp.'s Avion power plant in the Philippines . The 97-megawatt plant will pave the way for increasing utilization of cleaner ... [Published 4 Traders - Sep 14 2014]
First reported Sep 14 2014 - Updated Sep 14 2014 - 1 reports

DOE identifies add’l 200-MW power supply

The on-the-fence power generating facility of Petron Corporation as well as the Navotas land-based gas turbine plant of Millenium Holdings with combined potential capacity of 200-megawatts would be among the bulk providers being eyed by government for ... [Published Yahoo Philippines News - Sep 14 2014]
First reported Sep 11 2014 - Updated Sep 12 2014 - 1 reports

‘Buy generators now, avert brownouts in March’

9:50 pmby LLANESCA T. PANTI AND KRISTYN NIKA M. LAZO REPORTERSThere will be brownouts by summer next year if the government is not allowed to purchase power generators, Energy Secretary Jericho Petilla warned on Thursday.Petilla gave the warning during ... [Published Manila Times - Sep 11 2014]
First reported Sep 11 2014 - Updated Sep 11 2014 - 1 reports

GE Sprint gas turbines to power 97 MW plant in the Philippines

GE recently announced that its LM6000-PC Sprint gas turbines (jet engine-based aeroderivative gas turbines) have been chosen to power First Generation Corporation's (First Gen) Avion power plant in the Philippines. The 97MW plant is expected to pave the ... [Published Turbomachinery International Magazine - Sep 11 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

Luzon grid power supply still critical

Hits: 7Power supply in Luzon grid was still at critical level yesterday, with reserves still edgy at just 553 megawatts, according to the data of system operator National Grid Corporation of the Philippines.“(The grid) is still on yellow alert, but we ... [Published Philippine Department of Energy - Sep 10 2014]
First reported Sep 03 2014 - Updated Sep 04 2014 - 3 reports

GE supplies gas turbine for Philippines power plant

GE ( NYSE: GE ) will supply its jet engine-based aeroderivative gas turbines to power First Generation Corp.’s (First Gen) 97-MW Avion power plant in the Philippines.Under First Gen unit Prime Meridian Powergen Corp., the power plant will utilize Malampaya ... [Published Power Engineering - Sep 04 2014]
First reported Sep 02 2014 - Updated Sep 03 2014 - 2 reports

FIRST GEN : GE's Distributed Power Gas Turbine Technology 'Lands' for the First Time in the Philippines

MANILA, Philippines , Sept. 2 -- General Electric issued the following news release:GE (NYSE: GE) today announced its jet engine-based aeroderivative gas turbines have been chosen to power First Generation Corporation's ( First Gen ) Avion power plant ... [Published 4 Traders - Sep 03 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

DOE: 200 MW add’l power supply expected in 2015

:55 pmby RITCHIE A. HORARIOREPORTERTWO of the country’s power producers have given assurances that they can generate at least 200 megawatts (MW) of additional power to meet the spike in demand expected during the next summer, the Department of Energy ... [Published Manila Times - Aug 29 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Index continues winning streak

MANILA, Philippines - The Philippine Stock Exchange index (PSEi) continued yesterday its winning streak, buoyed by strong US financial markets.The local stock barometer gained 0.20 percent or 14.11 points to 7,160.46, a fresh 14-month high on top of a ... [Published Philippine Star - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 2 reports

Operations partly restored at Bacman geothermal

Plant owner Energy Development Corp. (EDC) said in a disclosure on Tuesday that the first 55-megawatt (MW) unit of the plant achieved its rated load after repairs to its damaged cooling tower.For the second 55-MW unit, the Lopez-controlled company said ... [Published Business World - Aug 26 2014]

Quotes

...the growing energy needs of the Philippines with our distributed power technology," said GE Philippines chief executive officer Jocot de Dios. "We are very grateful to First Gen for choosing the GE LM6000 gas turbine for the Avion project, and we are confident that our technology, which has been servicing many customers globally in different applications, will provide the perfect fit to the country's pressing power needs."
...  Villasper added, "As the Philippines has matured and the base load needs were addressed, there is now a focus to cater to the peak loads of the system, and our aero gas turbines are designed for such use."
"Electric cooperatives that have some contracting issues or deficiencies will still go through brownout" Montenegro said
"Other ASEAN countries have recognized the importance of the aero technology earlier than us" added Villasper...

More Content

All (93) | News (90) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Market advances for 3rd straight day 4 minutes ago [Published Manila Standard Today - Sep 18 2014]
Mart extends rally; Ayala, Puregold up 3 minute... [Published Manila Standard Today - Sep 17 2014]
Is There A Right Price For Carbon? [Published Ecosystem Marketplace - Sep 15 2014]
GENERAL ELECTRIC : GE pioneers gas turbine tech... [Published 4 Traders - Sep 14 2014]
DOE identifies add’l 200-MW power supply [Published Yahoo Philippines News - Sep 14 2014]
Meet the movers and shakers of Asia’s thriving ... [Published Asian Power - Sep 12 2014]
GE Sprint gas turbines to power 97 MW plant in ... [Published Turbomachinery International Magazine - Sep 11 2014]
‘Buy generators now, avert brownouts in March’ [Published Manila Times - Sep 11 2014]
Luzon grid power supply still critical [Published Philippine Department of Energy - Sep 10 2014]
‘BIR memo to cause capital flight’ [Published Business Mirror - Sep 08 2014]
Mindanao to get 580 MW add'l power next year [Published Sun Star Network - Sep 07 2014]
GE supplies gas turbine for Philippines power p... [Published Power Engineering - Sep 04 2014]
Philippines : GE s Distributed Power Gas Turbin... [Published Street Sweeper - Sep 04 2014]
GE Sprints Into The Philippines [Published Diesel & Gas Turbine Worldwide - Sep 03 2014]
FIRST GEN : GE's Distributed Power Gas Turbine ... [Published 4 Traders - Sep 03 2014]
GENERAL ELECTRIC : GE’s Distributed Power Gas T... [Published 4 Traders - Sep 02 2014]
PH shares rise for 2nd straight day [Published ABS-CBN News - Sep 02 2014]
Romanticizing emergency powers: Is it the only ... [Published Manila Bulletin - Aug 31 2014]
Top NSA Whistleblower: We Need a New 9/11 Inves... [Published Global Research - Aug 31 2014]
Top NSA Whistleblower: We Need a New 9/11 Inves... [Published PrisonPlanet - Aug 31 2014]
DOE: 200 MW add’l power supply expected in 2015 [Published Manila Times - Aug 29 2014]
San Miguel still interested in Angat hydro powe... [Published Rappler - Aug 29 2014]
PSALM reduces selling price of 218-MW Angat hyd... [Published Philippine Daily Inquirer - Aug 29 2014]
Index continues winning streak [Published Philippine Star - Aug 27 2014]
PHL sells Angat Dam power plant at lower price ... [Published GMA News Online - Aug 27 2014]
Operations partly restored at Bacman geothermal [Published Business World - Aug 26 2014]
Power security steps awaited [Published Business World - Aug 26 2014]
EDC BacMan power units partially restored after... [Published Manila Times - Aug 26 2014]
Businessmen urged to support state of emergency... [Published Philippine Star - Aug 25 2014]
Caraga power dev’t projects seen to stabilize e... [Published Manila Bulletin - Aug 24 2014]
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