Sto.Tomas, Batangas: Maibarara Geothermal Inc. (MGI) broke floor on Thursday for its 12-megawatt Maibarara-2 Geothermal Power Facility (MGPF), and expects to begin working the plant within the fourth quarter of 2017.
Maibarara-2 (M2) is presently the most effective new geothermal strength station being built inside the u . S . A ..
Maibarara Geothermal is a joint challenge enterprise owned via PetroGreen Energy Corp. (PGEC), which holds a 65 percent stake, Phinma Energy Corp. (Phinma Energy) with 25 percentage, and PNOC-Renewable Corporation, with 10 percent. PGEC is a subsidiary of listed PetroEnergy Resources Corporation (PERC).
The floor-breaking ceremonies were led with the aid of Department of Energy (DOE) Assistant Secretary Richie Avigale R. Pilares and incoming Chair of the National Renewable Energy Board (NREB) Jose M. Layug. It became additionally graced
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