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Planned dam in Philippine national park catches flak from activists, officials
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DOE seeks investor-challengers in coal contracts
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EVs to make up 10% of vehicle registrations by 2040
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Published July 8, 2021, 2:03 PM
The government is eyeing to corner P2.984 trillion worth of renewable energy (RE) investments in line with the country’s clean energy scenario (CES) pathway that it targets to concretize in a span of two decades.
In an Energy Investment Forum, Director Jesus T. Tamang of the Department of Energy-Energy Policy and Planning Bureau (DOE-EPPB), emphasized that such scale of capital to be funneled into the RE sector will become part of the P11.041 trillion aggregate energy investments previously penciled in by the agency.
He qualified that the anticipated capital flow will add 75,325 megawatts of power capacity in the country’s energy mix – and the lion’s share of 45,337MW will be coming from RE installations as cast under the updated Philippine Energy Plan.
SMC dropped 3 coal-fired projects, DoE says in letter to think tank
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