The RE law has encouraged many proponents to be interested in Philippines. We hope we can have them interested. The amount they say is all ready into trillion.
The largest solar farm: in San Carlos City, Negros Occidental.
July 4, 2025
Self adhesive, flexible solar films on uneven (heliosol)
Savings from oil and coal importation
Can fit into various surfaces and generate electricity.
New revolution design model from Tesla: cheap, and million mile range
Savings from oil and coal importation
Musk is not content with being left behind in the dusk by Chinese counterpart. They came out with 4680 battery that can be good for million miles and pricing of just under $15,000.!!!! Can you beat that. Now that is competition
That attitude of not giving up and trying hard to beat competition is characteristic of Musk mindset and leadership
July 2, 2025
Problem with solar technology for RE
Savings from oil and coal importation
Its nice to know that some people cashed in solar and are billionaires. However, we have been hearing negatives about this and its good we did not go full time into this. (Although we had some installations)
1. It could be damaged by typhoon and stones thrown at rooftop especially in the province
2. Degradation over time 10% annually (you lose its effectivity in 10 years or less)
3. Fires
4. Difficulty with selling to the grid, esp to Meralco
This post was offered a mini hydro power plant in the North; does not look feasible
Savings from oil and coal importation
A business broker communicated with me and offered a power plant in island province where there is a frequent rotating brown out. and said am interested. However he said it could have been sold and offered another one at La Union. However when I asked for cost to produce (LCOE) and current purchase price at WESM he demurred and said it has to be subject to NDA. And probably the seller would know the numbers.
The deal would be P80M for the just the permits and total project cost would be a billion, It is about 2Mw of power. At P500M per megawatt. A little bit high. And so probably he just swing the deal to another one who could take the risk
And the P n L number would be:
LCOE - 8 us cents of about P4.40
WESM price P4.52. Just 0.12 gp? So thin margin.
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