Govt awards renewables service contracts with 9.2-GW capacity - BusinessMirror

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Govt awards renewables service contracts with 9.2-GW capacity - BusinessMirror
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The government has awarded 41 renewable energy (RE) service contracts with a potential capacity of 9.2 gigawatts (GW) in the last six months in its “aggressive” bid to reduce the country’s carbon emissions, according to Malacañang.

THE government has awarded 41 renewable energy service contracts with a potential capacity of 9.2 gigawatts in the last six months in its “aggressive” bid to reduce the country’s carbon emissions, according to Malacañang.

Other measures, which are meant to mainstream the use of renewable energy in the country are DOE’s preferential dispatch of all RE-generating units in the Wholesale Electricity Spot Market and the increase in the percentage share of foreign capital in RE projects from 40 percent to 100 percent. Likewise, it partnered with the RE development program of the National Power Corp. such as the hybridization of diesel generating facilities.

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