Ecozones bank on green power to lure locators

MANILA, Philippines – The Philippine Economic Zone Authority (Peza) is leveraging the country’s renewable energy push to attract green investments through embedded power systems. To date, Peza has approved 21 solar and renewable energy projects worth over P97 billion, creating more than 1,300 jobs. READ: Peza recovers from slows Q1 with P63.9B in April approvals Panga said Peza is working with energy stakeholders to deploy embedded power systems and lower ecozone energy costs. These systems generate electricity within or near economic zones, reducing reliance on transmission networks. “This enables more competitive all-in power rates, bringing Philippine ecozones closer in cost […]... Keep on reading: Ecozones bank on green power to lure locators