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NewsTranscript
00:00The Department of Energy is encouraging the use of renewable energy in the Philippines.
00:06At the 3rd Clean Energy Conference in Mandaluyong,
00:09the DOE targets that 35% of the power generation produced in the country
00:15will come from renewable energy sources by 2030.
00:20To achieve that, the 100% foreign ownership of renewable energy projects will be allowed under the law.
00:28The government is also encouraging other projects,
00:31such as the voluntary installation of solar panels on the roof of houses.
00:36Aside from saving on the electricity bill,
00:39it will also help the environment because carbon emissions will be reduced.
00:58For more information, visit www.gmanews.tv