MANILA -The Philippines has reaped P280 billion worth of investments since the enactment of the renewable energy (RE) law over a decade ago, according to the Department of Energy (DOE). In a report, the DOE said the figure represented the investment cost generated from the construction of new RE facilities nationwide between 2009 and 2022. Nearly half of the total or P135 billion went to building solar power plants. Wind facilities came next with P53 billion, equivalent to a 18.9-percent share.

https://business.inquirer.net/397730/p280b-invested-in-renewables-over-last-decade

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