Trans-Asia raises stake in Mabini geothermal service contract, Batangas, Philippines - ThinkGeoEnergy
Published January 13, 2026
Trans-Asia Increases Ownership in Mabini Geothermal Service Contract in Batangas, Philippines
Trans-Asia Oil and Energy Development Corporation has announced a significant increase in its stake in the geothermal service contract for the Mabini geothermal project located in Batangas, Philippines. The company has acquired an additional 7.5% interest, raising its total ownership in the project to 37.5%. This strategic move is aimed at enhancing Trans-Asia's position in the renewable energy sector, particularly in geothermal energy production.
The Mabini geothermal service contract is vital for the company as it aligns with the Philippines' growing demand for sustainable energy sources. The country has been actively pursuing the development of renewable energy resources to reduce its reliance on fossil fuels and to meet its climate commitments. Geothermal energy, being a stable and reliable source of power, plays a critical role in this transition.
According to the latest data, the Mabini geothermal project has a potential capacity of 20 megawatts (MW). The project is situated in a region known for its rich geothermal resources, making it an attractive investment for companies looking to capitalize on the growing renewable energy market in the Philippines.
Trans-Asia's decision to increase its stake in the Mabini geothermal service contract is part of its broader strategy to expand its renewable energy portfolio. The company has been actively involved in various renewable energy projects, including solar, wind, and hydroelectric power generation. By enhancing its geothermal capabilities, Trans-Asia aims to diversify its energy sources and contribute to the country's energy security.
The Philippine government has been supportive of renewable energy initiatives, offering incentives and policies to encourage investments in the sector. The Department of Energy (DOE) has set ambitious targets for renewable energy generation, with a goal of increasing the share of renewables in the country's energy mix to 35% by 2030. This policy framework provides a conducive environment for companies like Trans-Asia to invest in geothermal energy projects.
In addition to the Mabini project, Trans-Asia is also involved in several other geothermal initiatives across the Philippines. The company has been exploring opportunities to develop new geothermal resources, as well as to enhance the output of its existing projects. This proactive approach is expected to strengthen Trans-Asia's position as a key player in the Philippine renewable energy landscape.
Trans-Asia's commitment to renewable energy is further demonstrated by its ongoing efforts to improve the efficiency and sustainability of its operations. The company is investing in advanced technologies and practices that minimize environmental impacts while maximizing energy output. This focus on sustainability is essential as the global energy landscape continues to evolve, with increasing emphasis on reducing carbon emissions and promoting clean energy solutions.
The Mabini geothermal service contract is not only significant for Trans-Asia but also for the local community and the Philippine economy. The development of geothermal resources can create jobs, stimulate economic growth, and provide a stable source of electricity for households and businesses. As the demand for clean energy continues to rise, projects like Mabini will play a crucial role in meeting the energy needs of the population while supporting the country's sustainability goals.
With the increase in its stake in the Mabini geothermal service contract, Trans-Asia is well-positioned to take advantage of the growing opportunities in the renewable energy sector. The company's strategic investments in geothermal energy reflect its commitment to contributing to the Philippines' energy transition and ensuring a sustainable energy future for the nation.
As the global push for renewable energy intensifies, Trans-Asia's actions serve as a testament to the potential of geothermal energy as a reliable and sustainable source of power. The company's increased ownership in the Mabini project is expected to enhance its operational capabilities and foster further growth in the renewable energy market.
In conclusion, Trans-Asia's decision to raise its stake in the Mabini geothermal service contract marks a significant step forward in its renewable energy strategy. The Mabini project, with its potential capacity and strategic location, aligns with the Philippines' goals for sustainable energy development. As the country continues to invest in renewable energy resources, Trans-Asia's involvement in geothermal projects will contribute to a cleaner, more sustainable energy landscape in the Philippines.
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