May 5, 2022, Thursday, In celebration of Earth Day, Maoneng Philippines launched its first webinar, The Future Is Solar Webinar, in collaboration with the IIEE Metro South Chapter and Jinko Solar. The world is currently has many environmental problems and Maoneng Philippines believes that education about sustainable energy solutions is one step forward to a better future.
The opening remarks was done by the President of the IIEE Metro South Chapter, Engr. Ariel Arcega. Key experts namely Engineering Manager, Joana Marie Bueno-Coronel and Head of Projects, Jon Jamitz Antonio from Maoneng Philippines discussed the basics of solar PV installation with simulation and the benefits of solar energy to businesses. Then, the Technical Manager from Jinko Solar Asia Pacific, Kien Do Trung discussed the latest technology in solar panels and the new panel designs from their company.
The webinar had over 300 participants from all over the Philippines. The attendees were eager to ask questions to learn more about solar energy. All the key speakers received a certificate of appreciation after their talk. The event ended with closing remarks from Engr. Jayson M. Narito.
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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