Maibarara geothermal plant (Courtesy PetroEnergy) |
More specifically, the DOE has declared commercial the 12 MW Maibarara-2 (M2) project, which is an expansion of the existing 20 MW Maibarara-1 facility in Batangas.
The project is developed by Maibarara Geothermal Inc which is a 65%-owned subsidiary of PetroEnergy’s renewables arm. The plant is expected to be commissioned over the next two years.
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