SINGAPORE — Despite its abundant geothermal resources, the Philippines continues to hold the third spot globally in geothermal capacity. To rise in ranking and maximize opportunities for 24/7 baseload power, Lopez-led First Gen Corp. (FGen) explained the need for better technologies and stronger government support.
On the sidelines of Asia Clean Energy Summit 2025, Jay Soriano, FGen vice president and head of strategy and planning, said that emerging geothermal technologies would help increase the country’s geothermal capacity, which is approximately 1,900 megawatts (MW).
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