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First Gen Corporation, the clean energy arm of Lopez-led First Philippine Holdings Corp, aims to achieve 13 gigawatts (GW) of generation capacity by 2030. The company plans to enhance its geothermal, solar, and hydro assets while exploring overseas opportunities, including a significant geothermal project in Indonesia. Despite acknowledging challenges related to project development timelines and current renewable limitations, First Gen is committed to investing around $20 billion over the next five years to expand its power portfolio, focusing heavily on geothermal energy.