The Board of Investments (BOI) has approved $6 billion projects in renewable energy as of the first half of the year.
Trade Secretary Alfredo Pascual disclosed at the Philippine Economic Briefing in Singapore yesterday, these projects, if they come through, will generate about 3,000 new jobs,
Pascual said the projects will provide strategic directions to the country’s energy requirements.
He said the Philippine Energy Plan that will run up to 2040 supports a technology-neutral approach for optimal energy mix to energy security.
Pascual said the feasibility of nuclear energy is also being explored
“We are continuously pursuing studies on the different energy, fuel and technology options,” he added. – Irma Isip