12 MW Expansion of the Maibarara 2 geothermal plant nearing completion
Maibarara 12 MW expansion groundbreaking event, October 2016 (source: PetroEnergy)
Parker O'Halloran
12 Jun 2017
Philippines’ based PetroEnergy reports on its ongoing expansion plans, expecting investments of up to P6.7 billion ($135 million) over the next two years into renewables.
Philippines based PetroEnergy reports on its ongoing expansion plans, expecting investments of up to P6.7 billion ($135 million) over the next two years into solar, wind and geothermal projects of the company.
In a statement to the press, PetroEnergy vice president Francisco Delfin Jr. reports that the12-MW Maibarara 2 geothermal plant is nearing completion. This will add to the already operating 20 MW plant that began operating in 2014.
The Maibarara geothermal plant and project is a joint venture between PetroGreen, Phinma Energy Corp. and PNOC Renewables Corp.
The 12-MW expansion of the Maibarara plant will cost approximately P1.9 billion ($38 million) and is set for completion in the fourth quarter. Power from the geothermal project will be sold to Phinma Energy.
Source: Manila Standard
