AboitizPower Exploring Davao Geothermal Sites (BusinessWorld Online)
Aboitiz Power Corp. said it is exploring potential geothermal sites of about 20,000 hectares on the boundaries of Davao City, Davao del Sur and North Cotabato for power projects with a combined output of 200 MWe.
According to a company presentation over the weekend, a copy of which was obtained by BusinessWorld, the Energy department awarded AboitizPower subsidiary AP Renewables, Inc. exploration rights to two areas of about 10,000 hectares each.
One is between Mt. Talomo in Davao City and Tico, part of Magpet town in North Cotabato. The other area is on the boundary of Davao City and Davao del Sur near a hydroelectric project operated by another AboitizPower company, Hedcor, Inc.
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