First Gen Corp.

Type: Company
Name: First Gen Corp. (First Gen Corp)
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

EDC wins new solar, wind contracts

The Energy department granted one solar energy service contract and six wind energy contracts to the Lopez-controlled company, according to a disclosure on Friday.The solar project -- which will serve as the company’s first venture into this kind of energy ... [Published Business World - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Moto G First Gen makes a comeback on Flipkart with lower pricing

Good news for stock Android fans looking for a good sub 10K phone with Android Lollipop update guaranteed. The Moto G first gen can be had for only Rs. 8,999 and the 16GB is priced at Rs. 9,999 on FlipkartBy Team Digit 17 - Oct - 2014 12:59 PMThe Asus ... [Published Digit.in - Oct 17 2014]
First reported Oct 12 2014 - Updated Oct 13 2014 - 1 reports

DOE eyes add’l 447 MW capacity by March

MANILA, Philippines - The Department of Energy (DOE) is looking at a possible addition in power capacity of 447 megawatts by March 2015 as it races against time to avert a looming power shortage in the summer of 2015.Documents from the department showed ... [Published Philippine Star - Oct 12 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

First Gen okays cash dividends

Category: Electric Power IndustryHits: 3LISTED First Gen Corp. declared cash dividends on common shares due for distribution by the end of this month.The Lopez-led company, as per its regulatory filing on Thursday, said it would be issuing a cash amount ... [Published Philippine Department of Energy - Oct 03 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 2 reports

DOE readies new fuel mix policy

MANILA, Philippines - The Department of Energy (DOE) is working to diversify the country’s sources of energy through a new fuel mix policy.Energy Secretary Carlos Jericho Petilla said “the fuel mix is already out. It’s going to be non-firm (or not mandated). ... [Published Philippine Star - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

PSEi continues to recover

Energy Development Corp. (+3.59 percent) led the PSEi gainers alongside Ayala Corp. (+2.28 percent). BDO Unibank, Universal Robina Corp., First Gen and Aboitiz Power also rose more than 1 percent while Ayala Land, Emperador, Metrobank and BPI also contributed ... [Published Philippine Daily Inquirer - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

First Gen to Add 30% Capacity as Philippine Power Shortage Looms

First Gen Corp., the Philippines’ best-performing stock this year, is developing gas and renewableenergy to boost capacity by about 30 percent as growing demandthreatens power shortages next summer.The pace of economic expansion in Southeast Asia’s fastest-growing ... [Published Bloomberg - Sep 30 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

Adjustment in maintenance not enough to avert power shortage next summer

MANILA, Philippines - The consortium behind the deep water gas-to-power Malampaya project will not be able to move its maintenance schedule before or after the summer months but the operators of the 735-megawatt Pagbiglao coal-fired power plant in Quezon ... [Published Philippine Star - Sep 29 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

Stocks close flat; Globe, PLDT drop 3 minutes ago

The stock market closed virtually flat Monday in cautious trading as investors weighed the prospects of higher interest rates in the US.The Philippine Stock Exchange index rose minimally by 4.06 points, or less than 0.1 percent, to 7,265.36 on a value ... [Published Manila Standard Today - Sep 29 2014]
First reported Sep 28 2014 - Updated Sep 28 2014 - 1 reports

Piki reminisces prawn business

Few people know that the foray of Federico “Piki” Lopez into the power industry in the Visayas was brought about by a fortuitous event.Lopez, chairman of First Gen Corp. of the Lopez Group, last week shared an old passion with guests of the Nasulo geothermal ... [Published Manila Standard Today - Sep 28 2014]
First reported Sep 28 2014 - Updated Sep 28 2014 - 1 reports

FGen adding 380MW supply before summer 2015

Share this:The power generation units of the Lopez group are treading well on the solution path for next year’s anticipated supply shortfall as they will be bringing in additional 380 megawatt capacity that would be beneficial for both Luzon and Visayas ... [Published Manila Bulletin - Sep 28 2014]
First reported Sep 25 2014 - Updated Sep 26 2014 - 1 reports

Govt readies bidding of reserve natural gas

The government will likely bid out banked gas or unused Malampaya natural gas that can generate up to 300 megawatts within the year, a member of the Malampaya consortium said Thursday.Sebastian Quinones, managing director of Shell Philippines Exploration ... [Published Manila Standard Today - Sep 25 2014]

Quotes

"When we say they have been awarded it means that they have been issued with a service contract by DOE and these companies are in their pre-development stage" said Engr. Rolando J Fara-on, DOE Mindanao senior science research specialist
"Some [areas and] electric cooperatives that have contract issues or deficiencies will still go through brownouts" Montenegro said
"We have been doing investment trade missions in abroad promoting our vast areas, [which are] potential [areas] for certain commodities, but thenthen again the basic question [from potential investors] is 'What about your power situation?'" he said
"The completion of committed power projects by 2015 would bring availability of excess supply including contingency reserves in Mindanao for the first time since 2009" the MPMC said in their report

More Content

All (70) | News (68) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
EDC obtains financing for Burgos, Ilocos Norte ... [Published Business World - Oct 19 2014]
EDC wins new solar, wind contracts [Published Business World - Oct 17 2014]
Moto G First Gen makes a comeback on Flipkart w... [Published Digit.in - Oct 17 2014]
Producers vow to add 2,942 MW to Luzon grid [Published Philippine Department of Energy - Oct 14 2014]
Power producers commit 3K megawatts to Luzon gr... [Published Rappler - Oct 13 2014]
85 hydropower plant projects get contracts [Published Sun Star Network - Oct 12 2014]
DOE eyes add’l 447 MW capacity by March [Published Philippine Star - Oct 12 2014]
Gov’t hikes share of natural gas in energy mix [Published Philippine Star - Oct 07 2014]
More power projects to boost Minda grid [Published Sun Star Network - Oct 07 2014]
More investments in Mindanao seen with stable p... [Published Sun Star Network - Oct 05 2014]
Agus-Pulangi shut down [Published Sun Star Network - Oct 03 2014]
First Gen okays cash dividends [Published Philippine Department of Energy - Oct 03 2014]
G-Pack launches on Kickstarter [Published GameConnect - Oct 02 2014]
100-MW more power to boost growth in Agusan [Published Philippine Department of Energy - Oct 02 2014]
Energy Development : Clarification of news arti... [Published 4 Traders - Oct 01 2014]
DOE readies new fuel mix policy [Published Philippine Star - Sep 30 2014]
PSEi continues to recover [Published Philippine Daily Inquirer - Sep 30 2014]
Philippines eyes more natural gas imports [Published ABS-CBN News - Sep 30 2014]
First Gen to Add 30% Capacity as Philippine Pow... [Published Bloomberg - Sep 30 2014]
Adjustment in maintenance not enough to avert p... [Published Philippine Star - Sep 29 2014]
Stocks close flat; Globe, PLDT drop 3 minutes ago [Published Manila Standard Today - Sep 29 2014]
EDC considering expansion of Negros geothermal ... [Published Business World - Sep 28 2014]
Piki reminisces prawn business [Published Manila Standard Today - Sep 28 2014]
FGen adding 380MW supply before summer 2015 [Published Manila Bulletin - Sep 28 2014]
EDC turns on geothermal plant [Published Manila Standard Today - Sep 26 2014]
PH shares dragged by Wall St loss, profit-taking [Published Manila Times - Sep 26 2014]
Govt readies bidding of reserve natural gas [Published Manila Standard Today - Sep 25 2014]
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]
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