Philippines emerges as South-East Asia renewable power pacesetter


MANILA (Bloomberg): The Philippines has leapfrogged its South-East Asian neighbours to become a regional leader in planned clean-power projects as fewer investment restrictions and green-minded policies attract domestic and foreign cash.

Changes including allowing full foreign ownership of renewable energy projects have already helped secure a pipeline of 99 gigawatts of wind and solar developments.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Anwar hosts reception for Singapore PM Wong, discusses efforts to strengthen ties
US Supreme Court strikes down Trump's sweeping tariffs
Analysis-Britain's royals face their worst crisis in 90 years over Andrew's Epstein links
US judge upholds $243 million verdict against Tesla over fatal Autopilot crash
Thai police go undercover as lion dancers to nab a serial burglar
Asean News Headlines at 10pm on Friday (Feb 20, 2024)
Chinese scientists develop AI model to push deep-space exploration
Peru’s President Jose Jeri ousted after ‘Chifagate’ scandal tied to Chinese contractor
Singapore to ease measures against Nipah virus outbreak as condition stabilise
Indonesia agrees to eliminate tariffs on over 99% of US goods, says US trade representative

Others Also Read