Geothermal projects of Basic Energy are located in East Mankayan straddling Benguet, Mountain Province and Ifugao; Mariveles, Bataan; Iriga, Camarines Sur and West Bulusan in Sorsogon.
According to the agreement,FEDS evaluates the technical viability of the geothermal projects which accelerates the surface exploration phase of Basic Energy.
FEDS estimates the completion of study in three months.
Source: http://www.4-traders.com/BASIC-ENERGY-CORP-6090099/news/Basic-Energy–To-Review-Viability-Of-Geothermal-Site-19937929/
LISTED Basic Energy Corp. is set to begin processing the necessary permits for its proposed solar power project in Bolinao, Pangasinan, after securing a certificate from the government. In a regulatory filing on Thursday, Basic Energy said the Department of Energy (DoE) granted the company a certificate of authority (CoA) for its proposed solar energy…
read moreBasic Energy Corporation announced that the Department of Energy (DOE) has granted the company a Certificate of Authority (COA) for its proposed Solar Energy Operating Contract (SEOC) application for the Bolinao, Pangasinan Solar Power Project. The COA, issued under the revised Omnibus Guidelines Governing the Award and Administration of Renewable Energy (RE) Contracts effective June…
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