Friday, 04 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 55 Friday, 04 September 2026
Business

$60B needed to tap geothermal resources

$60B needed to tap geothermal resources
Sources: The Manila Times

LIPA, Batangas — The Philippines may need about $60 billion in investments to explore and fully tap its estimated 2,100 megawatts (MW) of undeveloped geothermal resources, Energy Secretary Sharon Garin told reporters at the Philippine International Geothermal Conference held here Thursday. The government has initially secured a P10-billion geothermal de-risking facility that could support ex

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