Opportunities Galore in Renewable Energy.

Savings from oil and coal importation

We made a trip to the north to visit two or our sites in Region 1 province.   On the side we had an agent of a construction company, and solar energy evaluate future sitesfor RE.

    1.  Solar farm -  there were 3 sites:    and they are all near the urban areas and near the grid. 

          We saw a solar farm being constructecd by Megawide at Sta Baarbara and indeed it was about  a km

          from the NGCP

         The two other sities were near Zambales, and the other one was near grid rieally in a fmaous town

\        being linked to Pogo. It was about 60 hectares, priced at low 3 numbers   

        The other one was available for lease at only P30.00/sm   Wow

  2.  Existing solar farm for sale.   In a pilgrim town

  3.  Opprtunity for hydro, tie up with cooperative.   They are looking for financier contractor for mini     hydro   They will buy the power to be generated

What about EVs?

Savings from oil and coal importation

EVs have all ready invaded Philippines.   Beginning with E bikes.   Manhy Ebikes cost only over P10, 000 and have been nuisance in MM highways.

BYD, Geely, mostly Chinese brands are all ready here.  Tesla has put up its office at BGC.

But wait, the problem with EV is range.  And there is what youo call range anxiety.   The farthest many EVs can go is 600 km.  The problem is in existence of charger infrastructure.  Hence BYD has invented the C6 super charger.   ie that it can fully charge your battery for full charge for only 10 minutes.

BYD has also come out with land water craft.    This willl put to shame 4x4:   TLC, Glenwagen, adn Range Rover. 

We wait before we buy the right EV.  ICE will be out by 2030?

Opportunities in RE - raw lands for solar farms

Savings from oil and coal importation

Three weeks ago we were on a trip to Pangasinan.   Out of nowhere our contact said 100 has was available for solar farm in the City we were in Pangasian.    This could e acquired  cheap and they have the papers ready.   They have papers for sities in Bugallon, Sta Barbara and San Carlos.  

Since the potential investment is P3.74 trillion, there is a lot of demand for land.    We could do a landbanking and flip?

We were informed that there are following available land:   flat near grid.  It could be sales or lease.

        Sual  -                  60 hectares

        San Carlos          100 hectares

        Dasol. -               unknown yet  (but we have the maps)

So far we can match this to two RE companies. 

While people are busy following the new telenovela at the legislature, we help solve the problems and try to earn some money.   

Philippines is now ranked no. 4 world wide in Renewable energy after China India Chile

Savings from oil and coal importation

This is a remarkable jump in energy program of DOE as of the end of 2023.

BOI has given green lane certifcates to 114 RE projects worth  $66.56 billion or  P3.74 trillion in php.   further increasing foreign direct investment in the Philippines.   

BOI grants green lane certificates to 114 RE projects

Manila: The Philippines is making significant strides in promoting renewable energy and attracting foreign direct investments (FDI) in the sector.

The Board of Investments (BOI) has so far granted “green lane certificates” to 114 renewable energy projects valued at 3.74 trillion pesos ($66.56 billion), according to the state investment promotion agency.

For example, due to the green lane certifications, Aboitiz-led PV Sinag Power, Inc. has kicked off operations of the 94.717 megawatt-power Cayanga-Bugallon Solar Power Project in Panagasinan.