By Sheldeen Joy Talavera, Reporter
MASDAR, a state-owned renewable energy firm in the United Arab Emirates (UAE), is planning to invest around $15 billion (approximately P878 billion) in renewable energy (RE) projects in the Philippines.
The Department of Energy (DoE) on Wednesday signed an implementation agreement with Masdar to develop up to one gigawatt (GW) of solar, wind, and battery energy storage systems (BESS) in the country by 2030, with the goal of scaling this up to 10 GW within a decade.
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