DOE eyes $250 million to bankroll de-risking geothermal facility

The government is seeking to secure an initial $250 million for a de-risking mitigation fund meant to reduce power producers’ financial risks in pursuing geothermal projects, an energy official said. On the sidelines of the 5th Philippines International Geothermal Conference in Makati, Mylene Capongcol, director of the Renewable Energy Management Bureau of the Department of
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