Greenpeace welcomes the approval of feed-in-tariff (FIT) rates by the Energy Regulatory Commission. This is a crucial step towards teh full scale implementation of our vision of a renewable energy revolution in the country. Now that the FIT rates are passed, the Aquino Administration can now increase their RE targets and achieve 50% RE by 2020. There are no reasons to proceed with more coal power projects. Other neighboring countries like Thailand and Malaysia, where FIT rates have been approved, are seeing an increase in development and mainstreaming of RE.
For more information:
Anna Abad, Climate and Energy Campaigner, Greenpeace Southeast Asia, +63 917 857 3330,