• 2 months ago
Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 11:00 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.

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Transcript
00:00The number of people using rooftop solar energy in the country is increasing according to the Department of Energy.
00:06The target of the country is to increase the use of renewable energy to 50% by 2040.
00:14This is Bona Kino.
00:19In front of the Renewable Energy Stakeholders and Investors at the Clean Energy Philippines Conference and Expo,
00:25the Department of Energy divided the country's plan of 35% share in renewable energy in power generation by 2030.
00:34To achieve this, the government will give incentives and allow 100% foreign ownership in renewable energy projects.
00:555,000 megawatt installed capacity.
00:59So this is actually a testament that of all the projects that are being approved and registered with BOI,
01:08there is a more than 95% implementation success rate in terms of investments in renewable energy.
01:16The government is also encouraging voluntary renewable energy programs such as net metering, green energy option, and expanded rooftop solar program.
01:26Net metering installs solar panels usually in the roof.
01:32If the owner of the house does not use it, they can sell it to the distribution utility.
01:40We already have a regulatory framework and policies.
01:44You save around 15 to 20% of the cost if you build your own generating facility.
01:53And if the generating facility is solar powered by battery, in the long run, it's more competitive because it's comparable to a diesel gen set.
02:08Renewable energy companies were also given the opportunity to present to stakeholders and the government to collaborate on projects.
02:18For GMA Integrated News, I'm your host, Saksy.
02:23Kapuso, let's be together as Saksy.
02:26Subscribe to GMA Integrated News on YouTube.
02:29And for Kapuso Abroad, join us on GMA Pinoy TV and www.gmanews.tv.
02:37www.gmanews.tv

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