CTF (Clean Technology Fund) is really for transportation E trikes and not for Mindanao problem

Rizal PHL   |  April 2013

Many quarters, like the Greenpeace have severely criticized the use of the $500 million CTF (Clean Technology Fund) sourced from $l00 PHL govt and the rest from ADB that will be used for e trikes. They say that this does not solve the RE problem, nor does this promote clean technology in the long term, because to plug in/recharge the e trikes, you have to plug in to the grid which use fossil fuels.

The $500 million fund could be very well used to buy l00 mW of solar power even at 2010 prices of  $5 million/mW.

But analyzing the videos from ADB, the fund is really for e trikes which will benefit the tricycle drivers/operators in the PHL.  It will lessen carbon emission and will benefit the Japanese manufacturers who will mass produce the e trikes.  Is this CSV (yes for the Japanese who are major stockholders of ADB)?

So enough about talk of CTF being used for AREP (Alternative Renewable Energy in the PHL)  It is for E trike period.  If we want to help Mindanao power problem, you must find other solutions or be entrepreneurial

Electric Trike Video Link towards 100,000 e -trikes in 2016

The DOE has accepted bids for 100,000 trikes (bidding took place last March) to utilize the $500 million Clean Technology Fund.  This has been funded by ADB for $300 million with $l00 million counterpart from the PHL government.

The 100,000 units achievement will be until 2016.  Japanese manufacturer Terra Seki is keen on supplying the e trikes (as usual, the funders get the bigger pie)

How does the e trike look like:

Watch these videos:

Electric trikes made locally in Marilao  Bulacan

ADB video on e trikes