April 22, 2022, Friday, In celebration of Earth Month, we invite all Filipinos of all ages to join our The Future is Solar Video Contest!
See the mechanics below to join!
April 22, 2022, Friday, In celebration of Earth Month, we invite all Filipinos of all ages to join our The Future is Solar Video Contest!
See the mechanics below to join!
Mr. Ferreras was asked what were the key growth drivers in the Philippines for Solar Energy. According to him the key growth drivers were the rising fuels costs which subsequently affects the electricity rates, the lack of electrification in a great number of households and the fairly young state of the solar sector. Since the solar energy market has not reached its maturity yet, there are still lots of opportunities for growth.
The challenges in this industry was also talked about. Mr. Ferreras said that the 100kw cap for net metering should be remove so more businesses and individuals would invest in solar energy. Overall Mr. Ferreras is hopeful for the future of the solar energy industry and its players.
Watch the whole replay of The Solar Market Outlook: The Philippines 2022 Webinar here