DOE cracks down delayed RE projects, more cancellations seen
- November 22, 2024
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The Department of Energy (DOE) is intensifying efforts to prevent delays in renewable energy (RE) initiatives, wit
In a report by Manila Bulletin, Ene
She explained that the DOE aims to discourage developers from securing service contracts only to delay or sell them without action.
In October, the DOE began canceling 105 RE projects, with 88 still in the pre-development stage. Among these, 53 were solar projec
Hurdles like land acquisition and grid connection were identified as major barriers to progress.
Garin cautioned that inactive developers hinder the country’s energy potential and deprive other capable firms of opportunities.
To improve oversight, the DOE is creating a digital system to automate contracts and conduct thorough audits.