{"id":1188,"date":"2025-04-14T01:47:53","date_gmt":"2025-04-14T01:47:53","guid":{"rendered":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/?p=1188"},"modified":"2025-04-18T06:22:41","modified_gmt":"2025-04-18T06:22:41","slug":"powering-growth-with-clean-energy","status":"publish","type":"post","link":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/powering-growth-with-clean-energy\/","title":{"rendered":"Powering Growth with Clean Energy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1188\" class=\"elementor elementor-1188\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7119a2f e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"7119a2f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-16cac85 e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"16cac85\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4abdb39 elementor-widget elementor-widget-text-editor\" data-id=\"4abdb39\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>PHILIPPINE GEOTHERMAL PRODUCTION COMPANY<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-596ee68 elementor-widget elementor-widget-heading\" data-id=\"596ee68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Powering Growth\nwith Clean Energy <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa7931 elementor-widget elementor-widget-text-editor\" data-id=\"4aa7931\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>At Philippine Geothermal Production Company (PGPC), we are committed to increasing the share of renewables in the country\u2019s energy mix, with a focus on geothermal energy. Our goal is to be a resource for reliable, renewable geothermal energy to ensure an adequate supply of baseload power for the island of Luzon.<\/p><p>We continue to operate the Tiwi and Mak-Ban steam fields, which have powered client plants since 1979, while expanding into new geothermal projects across Benguet, Cagayan, Camarines Norte, and other provinces. These new developments are expected to generate 250\u2013400MW of renewable power, in addition to the current 300MW output, reducing the risk of future power shortages in Luzon.<\/p><p>In 2024, we marked a milestone with the arrival of our Pioneer 1 drilling rig, which is already operational at Tiwi and will soon be deployed to other sites. These projects support the Department of Energy\u2019s 50% renewable target by 2040 and will create over 2,000 local jobs in the next few years.<\/p><p>As Southeast Asia\u2019s geothermal pioneer, PGPC is committed to driving clean energy progress while supporting community development through education, environmental stewardship, and livelihood programs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3ae79ab e-con-full e-flex wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-child\" data-id=\"3ae79ab\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-97e7520 elementor-widget elementor-widget-image\" data-id=\"97e7520\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-content\/uploads\/2025\/04\/pgpc-story-1.png\" class=\"attachment-large size-large wp-image-1446\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>PHILIPPINE GEOTHERMAL PRODUCTION COMPANY Powering Growth with Clean Energy At Philippine Geothermal Production Company (PGPC), we are committed to increasing the share of renewables in the country\u2019s energy mix, with a focus on geothermal energy. Our goal is to be a resource for reliable, renewable geothermal energy to ensure an adequate supply of baseload power for the island of Luzon. We continue to operate the Tiwi and Mak-Ban steam fields, which have powered client plants since 1979, while expanding into new geothermal projects across Benguet, Cagayan, Camarines Norte, and other provinces. These new developments are expected to generate 250\u2013400MW of renewable power, in addition to the current 300MW output, reducing the risk of future power shortages in Luzon. In 2024, we marked a milestone with the arrival of our Pioneer 1 drilling rig, which is already operational at Tiwi and will soon be deployed to other sites. These projects support the Department of Energy\u2019s 50% renewable target by 2040 and will create over 2,000 local jobs in the next few years. As Southeast Asia\u2019s geothermal pioneer, PGPC is committed to driving clean energy progress while supporting community development through education, environmental stewardship, and livelihood programs.<\/p>\n","protected":false},"author":1,"featured_media":1642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-portfolio-investments"],"_links":{"self":[{"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/posts\/1188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/comments?post=1188"}],"version-history":[{"count":10,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/posts\/1188\/revisions"}],"predecessor-version":[{"id":1468,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/posts\/1188\/revisions\/1468"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/media\/1642"}],"wp:attachment":[{"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/media?parent=1188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/categories?post=1188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sminvestments.com\/2024smicintegratedreport\/wp-json\/wp\/v2\/tags?post=1188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}