Manila Says Renewable Energy Investments May Reach $10 Billion

csekiran's picture
Submitted by csekiran on Tue, 2009-05-26 15:28

The Philippines hopes to attract $9-10 billion in investments in renewable energy projects over the next 10 years as a law giving investors fiscal incentives takes effect next month, a top official said on Monday.

"Our objective is to double the power being generated from renewable energy sources, from 4,500 MW to 9,000 MW in 10 years," Energy Secretary Angelo Reyes told a news briefing.

thesaurus: 
Hydroelectricity
Renewable Energy
Biomass
Wind Energy
Geothermal Energy
Energy
Electricity
Asia
Philippines
Main Topic: 
Energy
Name of the Newspaper: 
Planet Ark (Australia)
Mark Content Private(Internal): 
Clipping Type: 
DNB
External URL: 
http://www.planetark.com/enviro-news/item/53071
Main Type: 
Publication Date: 
26/05/2009