Maibarara Geothermal expansion operational by mid-2017 (Business World)
THE EXPANSION of Maibarara Geothermal, Inc.’s (MGI) 20-megawatt (MW) geothermal plant in Batangas is scheduled to go online in two years’ time, an official said last Thursday.
“The 10-MW expansion is programmed to be commissioned in mid-2017,” MGI President Francisco G. Delfin, Jr., said during PetroEnergy Resources Corp.’s annual shareholder meeting in Makati City.
PetroEnergy’s subsidiary, PetroGreen Enery Corp., holds a 65% interest in MGI. Other stakeholders are Trans-Asia Oil and Energy Development Corp. (25%); and PNOC Renewables Corp. (10%).
Last month, PetroEnergy reported that MGI completed tests within the site that confirmed sufficient steam to support the 10-MW expansion of the operational geothermal project in the municipality of Sto. Tomas. Read More......