Alphaxioms Geothermal News and Related Research Globally

Mexico’s Energy Reform: A Climate Scientist’s Vision for Geothermal and Renewables By: Robert Buluma The president of Mexico Mexico is on the brink of a transformative energy shift under the leadership of President Claudia Sheinbaum, a renowned climate scientist. Her administration has introduced an ambitious energy reform aimed at redefining the country’s approach to power generation, prioritizing energy sovereignty, sustainability, and an accelerated transition to renewable sources particularly geothermal energy. France also is amongst the many countries which have taken a leap to revamp their Geothermal A Reform to Reshape Mexico’s Energy Landscape The initiative, presented to the Senate, seeks to restructure the Federal Electricity Commission (CFE), Petróleos Mexicanos (PEMEX), and other key energy institutions. The goal is clear: to ensure Mexico’s energy security while reducing reliance on fossil fuels by expanding investment in cleaner, more sustainable sources like geothermal p...

Unlocking Green Energy: EDC P10-B Fixed Rate Bonds By: Robert Buluma Nearly 20 kilometres outside of the city of Ormoc, The Tongonan-1 geothermal power plant sits in mountainous Kananga, Leyte in the Philippines’ typhoon belt. Image: EDC In a resounding nod to the future of sustainable energy, the board of Energy Development Corp.  EDC has given the green light to a groundbreaking initiative. Picture this: P10 billion in fixed-rate bonds earmarked for propelling green energy projects forward. It's not just a financial maneuver; it's a commitment to a greener, cleaner tomorrow. The Rise of Green Bonds Lopez-led First Gen Corp. subsidiary,  EDC is at the forefront of this movement. Their P10-billion offering marks the second tranche of a larger P15-billion shelf-registered ASEAN green bonds. This isn't just about raising capital; it's about rallying investors behind a cause that transcends profit margins. The first tranche, a modest P5 billion, saw overwhelming demand,...