Renewables offer cheaper, more reliable power for Philippines’ small islands

The Philippines can save $200 million a year and build a more reliable energy supply for millions of residents on its small islands by replacing diesel generators with renewable sources such as wind and solar, said a report released on Monday. The switch would require at least $1 billion in private investment in the short term, but the sum would be offset by savings of $200 million each year – an expense currently borne by

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Renewables offer cheaper, more reliable power for Philippines’ small islands

The Philippines can save $200 million a year and build a more reliable energy supply for millions of residents on its small islands by replacing diesel generators with renewable sources such as wind and solar, said a report released on Monday. The switch would require at least $1 billion in private investment in the short term, but the sum would be offset by savings of $200 million each year – an expense currently borne by

Solution News Source

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