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The Energy Regulatory Commission (ERC) has issued its certificate of compliance (COC) to Maibarara Geothermal Inc.’s 20-megawatt power facility in Sto. Tomas, Batangas.

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Maibarara Geothermal Inc. (MGI) said it expects to sell carbon credits by 2015 after the United Nations approved the company’s Clean Development Mechanism (CDM) registration.

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The Maibarara consortium expects to start commercial operations of the Maibarara Geothermal Power Plant (MGPP), a 20-megawatt facility plant in Sto. Tomas, Batangas late this year, listed oil firm PetroEnergy Resources Corp. said in a disclosure to the Philippine Stock Exchange.

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MAIBARARA

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abtest

Maibarara nears start of comm’l operations

By Iris Gonzales | December 19, 2013 - 12:00am

Maibarara Geothermal Inc. (MGI) is close to starting operations of its 20-megawatt power plant in Sto. Tomas, Batangas.

Business

ERC okays Maibarara plant

By Iris Gonzales | October 12, 2013 - 12:00am

The Energy Regulatory Commission (ERC) has issued its certificate of compliance (COC) to Maibarara Geothermal Inc.’s 20-megawatt power facility in Sto. Tomas, Batangas.

Business

Maibarara Geothermal eyes sale of carbon credits

By Iris Gonzales | May 15, 2013 - 12:00am

Maibarara Geothermal Inc. (MGI) said it expects to sell carbon credits by 2015 after the United Nations approved the company’s Clean Development Mechanism (CDM) registration.

Business

Maibarara consortium to switch on Batangas geothermal plant this year

By Iris Gonzales | February 3, 2013 - 12:00am

The Maibarara consortium expects to start commercial operations of the Maibarara Geothermal Power Plant (MGPP), a 20-megawatt facility plant in Sto. Tomas, Batangas late this year, listed oil firm PetroEnergy Resources...

Business

Maibarara geothermal plant to link up with Meralco

By Neil Jerome C. Morales | December 14, 2012 - 12:00am

The proponent of the Maibarara geothermal plant in Batangas will link up with power distribution giant Manila Electric Co. (Meralco).

Business

Maibarara partners to invest $10M

By Neil Jerome C. Morales | April 30, 2012 - 12:00am

The proponents of the Maibarara geothermal power project has committed to invest $10 million more to further explore the potential reserves in Batangas and Laguna.

Business

PetroEnergy inks P2.4-billion loan for power project

By Donnabelle L. Gatdula | September 29, 2011 - 12:00am

PetroEnergy Resources Corp. has signed a P2.4-billion long-term loan facility to finance a power project by subsidiary Maibarara Geothermal Inc. (MGI).

Business

Maibarara taps EEI for 20-MW power project

By Ted P. Torres | September 5, 2011 - 12:00am

Maibarara Geothermal Inc. has tapped EEI Corp., one of the country’s leading construction firms, for the engineering, procurement and construction of the 20-megawatt (MW) Maibarara power facility.

Business

PetroEnergy Group reports commercial viability of 2 wells in Maibarara field

By Donnabelle L. Gatdula | May 6, 2011 - 12:00am

Maibarara Geothermal Inc. (MGI), the geothermal energy development unit of the PetroEnergy Group, reported yesterday that the two production wells in its power project have reached commercial viability early this...

Business

Energy group forges carbon sales deal with Spain's Endesa

By Donnabelle L. Gatdula | February 2, 2011 - 12:00am

 Maibarara Geothermal Inc., the consortium made up of PetroEnergy Resources Corp., Trans-Asia Oil and Development Corp. and PNOC-Renewable Energy Corp., has entered into a carbon sales deal with Spanish firm...

Business