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Japanese utility firm Kyushu Electric Co. has joined hands with the Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) in developing another geothermal power project in Sorsogon, Albay.
PNOC-EDC vice-president for operations Samson P. Javellana said the utility firm has signed a memorandum of agreement with the government's geothermal arm for a joint-venture project for the development of the proposed 40-megawatt (MW) Rangas-Tanawon geothermal power plant.
Based on the partnership, Kyushu Electric will provide the funding for the exploration and preparation of the feasibility study. Early last week, Mr. Javellana said PNOC-EDC has obtained …