Congress study says Philippines needs investments to manage renewable energy transition costs

The Philippines will need to mobilize significant investments in renewable energy, grid integration and supporting infrastructure as it seeks to decarbonize its power sector while balancing energy security, affordability and sustainability, according to a policy paper by Congress’ research arm. The Congressional Policy and Budget Research Department (CPBRD), in a discussion paper titled Renewable Energy … Read more

Philippines, Germany pledge deeper renewable energy partnership

Philippines Germany Renewable Energy Deal

The Philippines and Germany pledged to deepen cooperation in renewable energy, with President Ferdinand R. Marcos Jr. on Tuesday highlighting German technology and investment as important to the country’s clean energy transition. Speaking after bilateral talks with German President Frank-Walter Steinmeier at MalacaƱang Palace, Marcos said the two countries share ambitions in renewable energy and … Read more