geothermal – ICSC | Institute for Climate and Sustainable Cities

US ties up with Lopez-led EDC to study geothermal potential [BusinessWorld]

Jhian Aranas2022-11-24T16:15:56+08:0024 Nov 2022|Tags: Alberto Dalusung III, Business World, CEED, EDC, Enoh Ebong, geothermal, Gerry Arances, Mindanao, renewable, Richard B. Tantoco, USTDA|

A UNITED States agency is providing Lopez-led Energy Development Corp. (EDC) a grant of $413,120 to do a feasibility study for the development of a geothermal power plant in Mindanao. In a press release published on its website, the United States Trade and Development Agency (USTDA) said it launched along with US Vice President Kamala Harris the grant — valued at P23.56 million in the local currency — to study the geothermal potential of the southern island’s Amacan area.

Owning the sun

Lifting the 60/40 equity yoke on Renewable Energy investments, as advocated by DOE Secretary Alfonso G. Cusi, sparks an interesting debate on the ownership limits for RE. By Pedro Maniego Jr. | Published in Business Mirror - September 19, 2020 I’M looking at allowing 100-percent investment or ownership in renewables.” Energy Secretary Alfonso [...]