Geothermal Energy Incentives To Attract $2.5 Billion In The Philippines

Friday, November 6th, 2009

Geothermal Energy PhilippinesThe Philippine government plans to approve 19 new contracts to develop the nation’s massive geothermal energy resources in the next five months.

A top energy official said financial incentives for the development of renewable energy projects could attract more than $2.5 billion in private dollars from domestic and international companies.

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