Philippines Eyes P60B Geothermal De-Risking; ADB Partnership Renewal Discussed
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Philippines Eyes P60B Geothermal De-Risking; ADB Partnership Renewal Discussed

The Philippine government estimates P60 billion is needed to de-risk 2,000 megawatts of potential geothermal capacity. The Department of Energy is looking to partner with the Asian Development Bank for a new de-risking facility to attract investment in this crucial energy sector.

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