FEDS will carry out the review and evaluation of existing data and reconnaissance geological and geochemical field work at geothermal sites.
In a recent post in SeeNews, Philippine energy developer Basic Energy Corp said Tuesday it has inked a services agreement with local firm FEDS Energy Resources and Development Services Inc for four of its geothermal power schemes in the country.
As part of the deal, FEDS will carry out the review and evaluation of existing data and reconnaissance geological and geochemical field work at the sites, assessing their preliminary technical viability. Upon completion within three months, the result of the study will aid in planning for the detailed surface exploration phase of the East Mankayan, Mariveles, Iriga and West Bulusan geothermal projects.
Further details around the schemes have not been disclosed at this point.
Source: http://thinkgeoenergy.com/archives/23480
BASIC ENERGY CORPORATION, a listed company focusing on renewable energy (RE) and alternative fuels, aims to develop 500 megawatts (MW) of wind and 500 MW of solar energy projects by 2030, according to its chief executive officer (CEO). “In the next five years, [we aim] to build a portfolio of around 500 megawatts in wind…
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