BPI taps solar energy
By Doris C. Dumlao
Ayala-led Bank of the Philippine Islands has pioneered the use of solar technology to power selected branches to help curb costs and stabilize supply of electricity.
Ayala-led Bank of the Philippine Islands has pioneered the use of solar technology to power selected branches to help curb costs and stabilize supply of electricity.
China on Thursday warned the European Union against escalating bilateral trade disputes, urging Brussels to drop plans to probe Chinese telecom products and impose hefty taxes on its solar panels.
While the government and private sector look for viable short- and long-term solutions to the country’s steep electricity cost, the second-highest in Asia due mainly to generation charges, businesses and even homes can take alternative paths to remain competitive.
Science-based products and services company DuPont is set to launch solar power solutions in the Philippines for sectors such as farms and households, officials said at the Asean Media Forum in Singapore.
The Asian Development Bank may allocate some $100 million (about P4.3 billion) for lending to local building owners who will install solar panels on their rooftops, similar to what ADB did in its 20-year-old headquarters in Ortigas.
More and more Filipinos are starting to see the light at the end of the tunnel. At least for those who have traveled along the 297-meter Boni Tunnel in Mandaluyong City, which was once a poorly lit four-lane tunnel that crosses EDSA, one of Metro Manila’s key thoroughfares.
Ayala-led Integrated Micro-Electronics Inc. (IMI) will start the mass production of solar panels this year after its renewable energy unit in Fremont, California, developed different types of solar modules last year.
Only eight solar power projects, which will generate a combined 191 megawatts, were awarded renewable energy service contracts as of end-December 2011, according to data from the Department of Energy (DoE).
Eight German solar energy firms are coming to the Philippines this month to have a firsthand look at the local solar power scene and to look for possible local partners for solar energy projects.
Sanyo Electric Co. Ltd. of Japan wants the Philippine government to fast-track the implementation of a feed-in tariff (FIT) system for solar energy projects to spur investments and development in renewable energy in the country.
Manila North Tollways Corp. is planning to replace existing streetlights along the 84-kilometer North Luzon Expressway (NLEx) with solar-powered lamp posts, in a bid to reduce costs over the long term. At the sidelines of the unveiling of the solar-powered car, Sikat II, on Monday, Metro Pacific Group assistance vice president for MNTC Glenn Campos [...]
The Philippines stands to benefit from the Asian Development Bank’s Asia Solar Energy Initiative (ASEI), which aims to help build an impressive $9-billion, 3,000-megawatt portfolio of solar power in the region over the next three years. According to the recent ASEI primer released by the ADB, the Manila-based lender reiterated intentions of including the Philippines [...]
