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Over 100 RE projects face termination - DOE
The Philippine Star
|October 21, 2024
At least 105 renewable energy (RE) projects could be terminated due to non-compliance with project timelines, according to the Department of Energy (DOE).
Among the reasons cited for project delays is the failure to secure possessory rights or system impact studies, which indicates the inability to connect to the power grid.
Of the total, the DOE said 88 projects are either stalled in their pre-development phases or not advancing at all. These include 53 solar, 17 hydropower, 10 wind, five geothermal and three biomass projects.
The agency, however, did not disclose the names of the developers associated with the projects under consideration for termination.
“The administration of President Marcos is committed to ensuring the efficient and timely execution of RE projects by regularly assessing the progress of these projects and refining the regulatory framework,” Energy Undersecretary Rowena Cristina Guevara said.
Cette histoire est tirée de l'édition October 21, 2024 de The Philippine Star.
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