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EDC plans expansion of geothermal complex
Business World Philippines
|August 04, 2025
RENEWABLE ENERGY firm Energy Development Corp. (EDC) is looking to expand its existing Bacon-Manito (Bac-Man) geothermal complex with an additional 90 megawatts (MW) of capacity.
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EDC President and Chief Operating Officer Jerome H. Cainglet said the company is evaluating the opportunity based on the results of its resource assessment.
He said the planned expansion may be pursued within the next five to six years, and the development could take up to three years.
Excluding expenses related to drilling activities, the official said developing a geothermal facility would require around $6 million per MW.
The Bac-Man Geothermal Power Plant sits on a 25,000-hectare geothermal reservation spanning Bacon, Sorsogon City, and Manito in Albay.
This story is from the August 04, 2025 edition of Business World Philippines.
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