Thursday, March 8, 2012

Philippines:


 Arrow Resources Development, Inc., in conjunction with The Asian Development Bank (“ADB”), has commenced the testing process for the construction of the patent-pending Single Well Engineered Electric Turbine System ("SWEETS") Geothermal Power Plant at Los Banos, Philippines. 

The test drilling will verify the minimum temperature requirement (450 degrees Fahrenheit) at the first of 2 locations. ADB is committed to provide financing for the subsequent steps which include the development of the engineering plan and construction of these 50MW facilities. To learn more about this development, visit the ADB Project Site.