
Business
Philippines Eyes P27 Billion Microgrid Rollout
The Philippine government is targeting a P27 billion microgrid rollout, aiming to electrify over 100,000 households in 369 remote areas. This initiative significantly expands existing diesel-dependent systems, with a focus on attracting private sector investment.
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The Philippine Department of Energy (DOE) anticipates attracting P27 billion (approximately USD 460 million) in investments through its microgrid auction, aiming to electrify over 100,000 households. The DOE highlighted the importance of decentralized energy solutions for geographically isolated and underserved areas.