Team Energy, a partnership between Japanese firms Marubeni Corp. and Tokyo Electric and Power Co., is keen on pursuing at least 10 renewable energy projects including 2 using geothermal.
Team Energy president and CEO Federico Puno said the company was looking at developing two geothermal projects in Natib, Bataan and Daclan, Benguet. The service contract holder for these two projects are Clean Rock Renewable Energy Resources Corp., which estimated the Bataan project to generate 40 MW and the Benguet geothermal project, 60 MW.