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PH eyeing P2 98-T worth of RE projects – Manila Bulletin

Published July 8, 2021, 2:03 PM The government is eyeing to corner P2.984 trillion worth of renewable energy (RE) investments in line with the country’s clean energy scenario (CES) pathway that it targets to concretize in a span of two decades. In an Energy Investment Forum, Director Jesus T. Tamang of the Department of Energy-Energy Policy and Planning Bureau (DOE-EPPB), emphasized that such scale of capital to be funneled into the RE sector will become part of the P11.041 trillion aggregate energy investments previously penciled in by the agency. He qualified that the anticipated capital flow will add 75,325 megawatts of power capacity in the country’s energy mix – and the lion’s share of 45,337MW will be coming from RE installations as cast under the updated Philippine Energy Plan.

LandBank vows continued support to agri sector amid COVID-19 as loans reach P229 7-B in Q1

PIA NCR file photo CALOOCAN CITY, April 26 (PIA)  The Land Bank of the Philippines (LandBank) conveyed its steadfast commitment to provide responsive financing to farmers, fishers, and other players in the agribusiness value chain during the culmination of its Online Stakeholder’s Consultation Forum recently.  LandBank President and CEO Cecilia C. Borromeo assured stakeholders of the bank’s continued efforts in addressing emerging challenges and issues faced by clients in accessing agricultural credit amid the COVID-19 pandemic.   “We welcome the issues raised and suggestions gathered from clients during the focus group discussions, and we commit to provide direct and time-bound solutions. Listening to the voice of the customer is high in our agenda as it helps us improve on the delivery of our products and services,” Borromeo said.

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