Energy experts from member economies of the Asia-Pacific Economic Cooperation (APEC) have reported that the Photovoltaic (PV) solar power technology has made inroads in their respective renewable energy (RE) programs.
The Philippines amended its installation target of solar energy generation from 50 megawatts (MW) to 500 MW last year, after seeing solar power generation as one of the most promising source of renewable energy.
Director Mario Marasigan of the Renewable Energy Management Bureau of the Energy Department said on Wednesday that although it amended the installation target, the government remains careful so as not to hurt power consumers who do not get power subsidies from the government.
“For the Philippines, we have implemented the net metering for PV solar installations in academic institutions. This has encouraged the academe to build their own RE systems, such as the solar PV on their rooftops,” he said.
The sharing of experiences was part of the ongoing 44th Meeting of the APEC-Expert Group on New Renewable Energy (APEC-EGNRET44) being held at the Fort Ilocandia Resort Hotel here.
Meanwhile, Gavin Yu of Korea noted a growing number of new renewable energy manufacturers as the RE sector develops.
He said that from 2007 to 2013, the number of manufacturers more than doubled, the employment figure more than tripled, while the revenue size increased sixfold.