RE: Phillipines largest geotherm producer in world It costs about $5 million to deliver 1 MW of geothermal power in the Phillipines
If memory serves me correct, Pan Pacific 4 or so geothermal projects are in the 4 to 5 MW range each, so perhaps $20 million for development and delivery costs for each project.
This is a scalar that is perhaps more reasonable for GBI, as opposed to the $1.2 billion hydro project.