DOE: 21 contracts of Solar Philippines face termination

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DOE: 21 contracts of Solar Philippines face termination
Solar PhilippinesSolar Energy Contracts
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The Department of Energy on Thursday said it is set to discontinue 21 or half of the 42 service contracts it awarded to Solar Philippines following the company's alleged failure to carry out its energy commitments.The DOE made the announcement at the Senate finance subcommittee hearing on the agency’s budget after Senate President Pro Tempore Jinggoy Estrada inquired about the matter.

However, under the new guidelines, developers must have possessory rights before service contracts are granted," she said.Estrada, however, inquired specifically as to why Solar Philippines, owned by businessman Leandro Leviste, was taking too long to adhere with the terms of its service contracts compared with other developers.

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Solar Philippines Solar Energy Contracts

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