Submission deadline is May 4, 2015
Department of Energy director Mario Marasigan said they chose the final 4 based on how well-studied the areas were, whether they were remote or accessible, and whether there was infrastructure to transmit energy.
In an invitation to bidders, the DOE offered four geothermal sites and 17 hydropower sites to investors. The submission deadline is on May 4, 2015, and the target for awarding the contracts is on Sept. 4, 2015. Click the links below for more information:
- ACUPAN-ITOGON GEOTHERMAL PROSPECT
- MT. CABALIAN GEOTHERMAL PROSPECT
- AMACAN GEOTHERMAL PROSPECT
- BALUT GEOTHERMAL PROSPECT