Published April 15, 2021, 9:36 AM
Renewable energy has gained traction over the years due to growing environmental concerns in the Philippines. In fact, a 2020 study by the Institute for Energy Economics and Financial Analysis (IEEFA) stated that solar and wind energy could increase its share in the country’s supply mix from 5.4% to 43.8% – exceeding the government’s projection of 26.9% by 2030. Solar energy, in particular, has become the fastest-growing alternative to traditional fossil fuels.
When it comes to solar power modules however, one manufacturer stands ahead of the pack. According to PV-Tech and Solar Media Research’s recently released 2021-Q1
PV ModuleTech Bankability Quarterly Ratings Report, LONGi Solar maintains its position as the sole manufacturer in the top-tier position, continuing to be the only AAA-rated company among module manufacturers, the highest grade achievable.