Philippines eyes $2.5bn geothermal investment

clock • 2 min read

Volcano-rich nation to award contracts for projects totaling 620MW in capacity

The Philippines, the world's second-largest developer of geothermal power, plans to award contracts for 19 geothermal power plants that could attract more than US$2.5bn in private investment, according...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Plummeting clean tech costs mean 'the old trade-off between climate and development is over'

Study: Plummeting clean tech costs mean 'the old trade-off between climate and development is over'

As oil prices rise, report shows how climate vulnerable countries are moving quickly to deploy solar technologies and embrace electrification

clock 02 April 2026 • 3 min read
Study identifies 4.7 million homes in 'energy crisis hotspots' across England

Study identifies 4.7 million homes in 'energy crisis hotspots' across England

Mapping from Friends of the Earth reveals 6,515 neighbourhoods most exposed to the impact of energy price spikes in the wake of the Iran War

clock 02 April 2026 • 5 min read
TotalEnergies and Masdar form $2.2bn joint venture to accelerate renewables growth in Asia

TotalEnergies and Masdar form $2.2bn joint venture to accelerate renewables growth in Asia

Companies to merge onshore renewable energy activities in nine countries across Asia

clock 02 April 2026 • 2 min read