Thursday, May 23, 2019

Philippines: "We Urge the Government to Incentivize the Development of Geothermal” - EDC President

EDC seeks perks on geothermal projects (Manila Standard)

EDC president
Richard Tantoco
Geothermal leader Energy Development Corp. urged the government to grant incentives to the development of geothermal energy to provide not only clean and reliable power but also jobs and livelihood to local communities.

“The Philippines has vast geothermal potential. To spur the development of this untapped geothermal potential, we urge the government to incentivize the development of geothermal,” EDC president Richard Tantoco said.

Tantoco said geothermal is “the holy grail of renewable energy” being the cleanest, most reliable and readily available.