ThinkGeoEnergy – Geothermal Energy News

RFP – Feasibility study of Amacan geothermal project, Philippines

EDC, with funding from the USTDA, has published a request for proposals for the feasibility study of the Amacan geothermal power project in the Philippines.

Philippine-based Energy Development Corporation (EDC) has published a Request for Proposals (RFP) for U.S. firms to execute a feasibility study for the development of a 50-MW geothermal power plant at the Amacan site in Mindanao, Philippines.

Proposals will be accepted until 9 December 2022, 5:00 PM PHST/4:00 AM EST. Interested participants may provide their details via the USTDA portal.

The project will be funded by the U.S. Trade and Development Agency (USTDA) with a USD 413,120 grant. This follows up on a commitment made by U.S. Vice President Kamala Harris during a recent visit to the Philippines to help strengthen the alliance between the two countries and work towards their shared interests.

The exclusive rights for geothermal power at the Amacan site was awarded to EDC following a tender process back in 2017. EDC has developed and commissioned several geothermal projects, and currently has 1181 MW of installed geothermal capacity in the Philippines.

“The Philippines is already among the world’s renewable energy leaders. Its potential capacity for geothermal, wind, solar, and hydroelectric power is significant. By partnering with EDC, USTDA is enthusiastic about bringing additional renewable energy resources online so that people across the Philippines have a clean and reliable source of power,” said Enoh T. Ebong, USTDA’s Director.

“Geothermal energy has been providing the Philippines with baseload renewable energy and helping our country avoid at least a million tons of carbon emissions each year compared to coal. We need more of 24/7 geothermal energy in order to decarbonize our energy sector and help achieve a net zero country,” said Richard B. Tantoco, President and Chief Operating Officer of EDC.

Source: USTDA (1 and 2)

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