The Philippines and New Zealand have decided to extend their cooperation on the development of the country’s geothermal resources, a move that was formalized on the sidelines of the 31st ASEAN Summit and related meetings being held now in the country.
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| (Courtesy CIA.gov) |
Energy Chief Alfonso Cusi confirmed yesterday that the Department of Energy (DOE) has just signed an amended memorandum of agreement (MOA) with New Zealand Ministry of Foreign Affairs on Trade on cooperation related to geothermal power resources.
The amendment will now pave the way for the continuous exchange of experiences and technical assistance in the field of geothermal energy exploration, development and utilization through capacity building and share of information, knowledge and current trends on geothermal energy.