Monday, April 30, 2012

The Philippines:

First Geothermal Power Plant Under Aquino Administration Breaks Ground  (News Release - MGI)

Ceremonial ground breaking signalling the physical start
of the power plant construction (Courtesy MGI) 
 
Philippines’ newest geothermal power station in five years, and the first under the current Aquino Administration, broke ground on Friday, April 27 in simple ceremonies conducted in Barangay San Rafael, Sto Tomas Batangas. 

Maibarara Geothermal, Inc. (MGI), the joint-venture firm 65% owned by PetroGreen Energy Corp. , the 100% subsidiary of PetroEnergy Resources Corp., Trans-Asial Oil & Energy Development Corp. (25%), and government-owned PNOC-RC (10%), led the ceremonial ground breaking signalling the physical start of the power plant construction.

The 20 MW Maibarara geothermal power project is an integrated steamfield and power plant facility that is expected to be operational by late 2013. It is the country’s newest geothermal power plant after the 49 MW Northern Negros plant commissioned in 2007.