Thursday 18 July
Mga elitista kasi! Duterte accuses Maynilad, Manila Water of faking water shortage to drive up prices Dec 14, 2018 @ 13:40

Still short on innovation: Duterte ain’t impressed by solar energy’s potential


President Rodrigo Duterte believes the Philippines will continue to be hugely reliant on oil for its energy needs due go lack of innovation in the renewable energy sector, particularly solar power.

Duterte made his thoughts about solar power known in a speech in Las Piñas City Thursday (December 13).

“Hindi pa panahon ng mga itong innovations sa bago. Kulang pa ang solar. It has yet to be perfected. There’s a lot of it I know, but we have not reached the apex of innovation on that particular field,” he said.

Duterte said the country’s heavy reliance on oil is the reason why prices of goods go up at the instant that oil costs more in the international market.

“Every time there’s an oil increase, lahat ‘yan two weeks after, 15 days after, the prices of everything follow suit. Kaya kung maski patayin ninyo ako, sunugin niyo yung Congress, wala talaga tayong magawa because we are dependent on oil,” he said.

Please follow and like us:

Tags: , , , , , , ,

Related Stories
Wind and solar power could meet 80 percent of US demand for electricity, as long
Bilyonaryo Leandro Leviste expects his company, Solar Philippines to sign an agreement with Manila Electric
MRC Allied Industries Inc. has acquired a 15 percent stake in Sulu Electric Power and
Manila Electric Co. (Meralco) is eyeing to build a solar power portfolio of 20 megawatts


Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.