Tag page - geothermal

Lopez-led Energy Development Corporation (EDC) has tapped California-headquartered GreenFire Energy Inc. for the commercial retrofit of geothermal wells to optimize steam production for its Manahagdong geothermal power facility in Leyte province. The retrofit work for the plant to be carried out by...

Geothermal investors in the country are batting for ‘insurance-type of incentives’ or ‘mitigation fund’ that seeks the “sharing of cost-risks” with the government, so investments in the sector could be reinvigorated. Atty. Fernando Penarroyo, member of the board of trustees of the...

Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of Energy (DOE) disclosed that there are no takers yet of the blocks being offered by the government....

Energy Secretary Alfonso G. Cusi The Philippine government has opened full foreign ownership in the geothermal segment of the energy industry, but under the condition that investments must be done in integrated steam resource development and power projects. Energy Secretary Alfonso G. Cusi said he...