Energy development corporation

Energy Development Corporation: Your Partner in Clean Energy

Are you looking for a reliable source of clean energy that won't break the bank? Look no further than Energy Development Corporation (EDC), a leading provider of sustainable energy solutions.

Founded in 1976, EDC has been at the forefront of the renewable energy industry for over four decades. With a focus on geothermal power, EDC has developed and operates some of the largest geothermal facilities in Asia and is recognized as one of the world's top geothermal companies.

But what exactly is geothermal power, and why is it such an important part of our clean energy future? Geothermal power harnesses heat from deep within the earth to generate electricity. Unlike fossil fuels, which emit harmful greenhouse gases when burned, geothermal power produces zero emissions and can provide baseload power 24/7.

EDC's commitment to sustainability goes beyond just producing clean energy. The company also prioritizes environmental stewardship and community development. EDC works closely with local communities to ensure that its operations have minimal impact on surrounding ecosystems and supports various social programs aimed at improving quality of life for nearby residents.

One example of EDC's community-focused approach is its Binhi program, which aims to reforest degraded areas near its facilities with native tree species. Since its launch in 2008, Binhi has planted over 10 million trees across more than 20 sites throughout the Philippines.

In addition to geothermal power, EDC also operates wind farms and solar facilities. Its Burgos Wind Project in Ilocos Norte is one of Southeast Asia's largest wind farms, capable of generating up to 150 MW of electricity. Meanwhile, its solar portfolio includes rooftop installations on commercial buildings as well as ground-mounted arrays like those at San Carlos Solar Energy Inc., which can produce up to 59 MWp (megawatts peak).

But it's not just about generating renewable energy – it's also about making sure that this energy reaches those who need it most. That's why EDC partners with local utilities and cooperatives to distribute electricity across various regions in the Philippines.

So why should you choose Energy Development Corporation as your partner in clean energy? For starters, you'll be supporting a company that truly cares about sustainability – not just as a buzzword but as a core value ingrained into everything they do. You'll also benefit from reliable baseload power that won't fluctuate like other forms of renewable energy such as wind or solar.

And let's not forget about cost – while some may assume that renewable energy comes with a hefty price tag compared to traditional sources like coal or natural gas, this isn't necessarily true anymore thanks to advancements in technology and economies-of-scale achieved by companies like EDC.

In fact, according to data from BloombergNEF (BNEF), new-build utility-scale solar photovoltaic (PV) projects are now cheaper than new coal-fired plants almost everywhere around the world! And while there are still upfront costs associated with building new renewable infrastructure such as wind turbines or solar panels these costs are quickly recouped through lower operating expenses over time due largely because there are no fuel costs associated with renewables unlike fossil fuels where prices can fluctuate wildly based on global supply-and-demand factors geopolitical tensions etc..

So if you're ready to make the switch towards cleaner more sustainable forms-of-energy look no further than Energy Development Corporation!