The Philippines and Masdar Energy Deal: A Game-Changer in the Renewable Energy Landscape with Geothermal Potential By: Robert Buluma In a groundbreaking move, the Philippines has joined forces with Masdar, the renewable energy giant from the UAE, in a bold partnership that promises to reshape its energy sector. Signed on January 15, 2025, this historic agreement sets the stage for the development of up to 1 gigawatt (GW) of renewable energy capacity by 2030, with ambitious plans to scale up to a staggering 10 GW by 2035. While solar and wind dominate the headlines, there’s a quiet opportunity emerging in the shadows: geothermal energy, a resource that could redefine the future of this collaboration. A $15 Billion Green Revolution With an estimated $15 billion in investment, this deal underscores the Philippines' commitment to sustainable growth and energy security. The country aims to increase its renewable energy share in the power generation mix from 22.8% in 2022 to...
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