Energy Development Corp - Company Profile
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Energy Development Corp (EDC) is an energy company that carries out the exploration, development, and optimization of geothermal steam fields. Its leading position in the Philippines geothermal industry and presence across the value chain gives it a competitive edge over its peers in the market but geographical concentration of projects is a cause of concern. Nevertheless, the company could benefit from the growing demand for renewable energy and support from the government of Philippines. However, operational issues of power generation through renewable sources, stringent regulations and intense competition could adversely affect the company's operations and future expansion plans.
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