According to the Filipino developer of renewable-energy resources Emerging Power Inc (EPI), beginning in 2016, Aquaculture farms in Mindoro were able to grow tons of triple high-quality tilapia, sea bass and shrimps per year, in a nutrient-rich, controlled temperature using water from geothermal power plants. Under this plan, the local enterprises will tap the steam and fluids of EPIs Montelago Geothermal Power Plant in Naujan, Oriental Mindoro, to produce the fish, which will be sold to top resorts and hotels in the Philippines and exported to China and Japan. The joint venture comprises a 40-megawatt plant at a cost of $180 million.
IFES Number: 29
Type of Firm: Aquaculture
Main Products: tilapia, sea bass, and shrimps
Technology: Geothermal, Solar
Energy Uses: Save 80% of fuel costs