Maibarara said in a statement it finished bore output testing that confirmed sufficient steam supply to support the 10 MW Maibarara-2 expansion project.
Maibarara is a joint venture among PetroGreen Energy Inc., which owns a 65-percent interest, Trans-Asia Oil & Energy Development Corp., 25 percent; and PNOC Renewables Corp., 10 percent. PetroGreen is a subsidiary of PetroEnergy Resources Corp. of the Yuchengco Group.
Maibarara currently operates an integrated 20 MW geothermal power facility in Sto. Tomas, Batangas that started commercial operations on February 8, 2014.
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