Philippines goverment approved 6 geothermal deals in 2011
Taal Volcano, Batangas, Philippines (source: flickr/ therealbrute, creative commons)
Alexander Richter
17 Feb 2012
In 2011, the Philippine Department of Energy approved six geothermal projects by Pan Pacific Power Philippines and SKI Construction Group.
The Philippines’ Department of Energy approved six geothermal power contracts in 2011, as the Philippines aims to become the world’s largest producer of the energy.
The Philippines is currently the second-largest geothermal power producer in the world, next to the United States. Geothermal power accounted for 14.7 percent of the power generation mix in 2010.
The department approved the contract of Pan Pacific Power Philippines Corp. for geothermal projects in Benguet, Cagayan and Abra.
The department approved the company’s Cervantes geothermal power project in Benguet, Cagua-Baua in Cagayan and Sal-lapadan-Boliney-Bucloc-Tubo in Abra.
Pan Pacific, according to the department, is a local company with a foreign partner.
The department, meanwhile, approved the geothermal projects of SKI Construction Group Inc. in San Juan, Batangas, Tiaong in Laguna, Quezon and Batangas and Tayabas-Lucban in Quezon.”
Source: Philippine Trade and Investment Center in London/ UK
