Asia
PhilippinesPresident Marcos Jr. backs renewable energy investments in the Philippines
President Ferdinand Marcos Jr. supported Mitsubishi Corporation's $700-million investment and Vena Energy's P52-billion expansion, aiming to add 1.29 gigawatts of clean energy capacity in the Philippines.
Background
The Philippines, an archipelago nation, faces significant challenges from climate change and a growing demand for energy. The country has been working to transition away from fossil fuels and increase its renewable energy capacity to enhance energy security and meet environmental goals.
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President Marcos Jr. Backs Renewable Energy Investments
First report 11h agoLast update 11h ago1 takes▲ 1
supporting renewable energy investmentpositiveShow 1 post
started 11h ago•Last update 11h ago
President Marcos Jr. is backing significant foreign and local investments to boost the country's clean energy capacity.
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