Thursday, 03 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Business

P60B seen needed per 2,000 MW of capacity to de-risk geothermal dev’t

P60B seen needed per 2,000 MW of capacity to de-risk geothermal dev’t
Sources: BusinessWorld - BusinessWorld Online

THE Department of Energy (DoE) said it is ready to tap multilateral banks again to de-risk further geothermal power development , which it estimated would require about P60 billion to unlock 2,000 megawatts (MW) of potential capacity. Energy Secretary Sharon S. Garin added that the DoE is open to initiating fresh talks with the Asian […]

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