"The de-risking facility is about $250 million," Energy Assistant Secretary Mylene Capongcol said on the sidelines of a conference hosted by the National Geothermal Association of the Philippines on Wednesday.
Initiated by the Asian Development Bank, the geothermal resource de-risking facility (GRDF) will cost-share exploration drilling with qualifying private developers to de-risk geothermal resources at the pre-development stage.
Although the GRDF has already been finalized, Capongcol said the Department of Energy (DOE) is still on the lookout for potential implementing partners and fund managers.
Esta historia es de la edición September 27, 2024 de The Philippine Star.
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Esta historia es de la edición September 27, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
YES, WE CAN BEAT CERVICAL CANCER!
The statistics are alarming. Every two minutes, a woman dies of cervical cancer in countries where access to public health, services and awareness remain a challenge.
Mano po. Ninong, mano po. Ninang
Christmas is in the air. It has been that way since September, and some would say even earlier.
STUBBORN ITCHING
Everyone experiences itchy skin at some point, but when the itch persists, it can become frustrating and overwhelming.
CONFESSIONS OF AN IFBB BIKINI PRO
Last month, Musclecontest Philippines held its National and Pro-League qualifier at Novotel Manila in Araneta City. Two Filipina athletes earned their IFBB Pro Cards: Katherine Hartvigsen in Wellness and Sheen Marie Torres in Women's Bikini.
Design tips for all spaces
While a designer's personal taste is often evident in homes he designs for his clients, Francis \"Nix\" Alañon makes sure it isn't so in his case. He interviews his clients, making sure that their personal tastes are reflected in their homes.
Woman of Taste
She is a walking mannequin of Philippine fashion—not just of haute couture but also of popular wear. The world is her catwalk, and on it she displays the artistry of Filipino designers and artists.
RJ Jacinto, Jose Mari Chan bring Christmas cheer
Street singers or buskers were given an unexpected boost when RJ Jacinto and Jose Mari Chan dropped in and jammed with popular busker, Eloisa, at the Uptown Mall Parade in BGC.
Alamat to showcase respective hometowns in 'Ragasa' concert
Apart from showcasing their musicality at their second solo concert on Dec. 6 at the New Frontier Theater, the members of the P-pop boy group Alamat will also promote their respective hometowns at their forthcoming gig.
MMFF 2024: CRISANTO AQUINO SHARES INSPIRATION BEHIND FRANSETH'S BIG-SCREEN DEBUT
Director Crisanto Aquino was not surprised when a number of netizens compared the resemblance of his romantic film, \"My Future You,\" to similar romantic stories in the past, particularly the Japanese animated fantasy film, \"Your Name.\"
What to stream: Sabrina Carpenter holiday special, 'Beetlejuice Beetlejuice', and Rosé goes solo
Sabrina Carpenter hosting a holiday variety music special on Netflix and Keira Knightley and Ben Whishaw playing a spy and an assassin in the TV series \"Black Doves\" are some of the new television, films, music and games headed to a device near you.