Friday, 04 September 2026
USD/PHP 62.54EUR/PHP 72.67
Philippines News from Philippines · WORLD EUROS
Nº 55 Friday, 04 September 2026
Business

Geothermal push needs P60-B lifeline

Geothermal push needs P60-B lifeline
Sources: Daily Tribune

The Philippines may need P60 billion in de-risking funds to unlock more geothermal power as high exploration and drilling costs stall investments. Energy officials detail how an ADB-backed facility, risk-sharing loans, and new service contracts aim to boost baseload renewable capacity and raise geothermal’s share of the power mix.

See all — Daily Tribune →

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