LEGAZPI CITY, Aug. 2 -- The Energy Development Corp. (EDC) activated a new PHP7 billion facility in Sorsogon City on Friday as part of its efforts to harness the country's rich indigenous geothermal resources.

Jerome Cainglet, EDC president and chief operating officer, said in a statement that the inauguration of the 22-megawatt (MW) Tanawon Geothermal Power Plant "is a win for the country's energy security and climate resilience journey."

"We dedicate it to our communities, government partners, and everyone committed to a decarbonized, regenerative future," he said.

The project, completed after 27 months, is a product of a "committed collaboration" between EDC and its mother unit, First Gen Corp., and their key contractors First Balfo...