Lopez-led Energy Development Corporation (EDC) has begun construction works on the expansion of the Bacon-Manito (BacMan) Geothermal Power Plant. EDC recently announced that First Balfour,..
Tag Archives: geothermal energy
The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing..
Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out..
Traditional geothermal plants utilize steam or hot water from below ground to harness geothermal power and energy. Despite being beneficial, only a few countries around..
Differing from geothermal power plants, geothermal heat pumps or “water-source heat pumps” is an advanced technology that harnesses the nearly constant temperature belowground to heat..
Ayala’s AC Energy Holdings Inc. and its partners have acquired the Indonesian and Philippine geothermal assets of Chevron Corp. The Indonesian consortium, with members AC..
Lopez-led Energy Development Corporation (EDC) is encouraging the government to support the development of more geothermal projects in the country as the clean and renewable..
Basic Energy Corp. received approval from the Department of Energy (DOE) to go ahead with its Farm-In Agreement and Deed of Assignment with DESCO, Inc...
Three local companies are eyeing the geothermal assets of Chevron in the country, after the American energy company was seen unloading its geothermal units in..
The National Geothermal Association of the Philippines (NGAP) said geothermal projects should be put under the Feed-in-Tariff (FIT) to enable these projects to compete with..