Philippines:

Another Geothermal Power Plant Planned for Mindanao (news.pia.gov.ph)

Finnish engineering company shows interest in geothermal energy project

Vice mayor Caesar Ian E. Acenas welcomed on May 14 a team from the Lt. Scandinavia Corporation, a Filipino-Finnish company that is exploring possibilities of investing in Cagayan de Oro, capital city of the province of Misamis Oriental in Mindanao.

The team presented a Letter of Intent to the vice mayor to undertake a Geothermal Power Plant project and Clean Water System in the city.

The vice mayor was informed that a Finnish engineering company will take charge of the over-all planning for the proposed power plant. A big power company from Europe is reportedly interested to deliver turbines, pipes and other related equipment needed for the project.

According to the company, geologists have been tasked to do the critical evaluation of the project while western companies will supply the needed power generation and automation equipment.

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