Energy investment briefing yields Region 6 biz prospects

Egrets rest on the solar panels of the 59-MWp San Carlos Sun Power (SaCaSun) solar project in San Carlos City, Negros Occidental. It is expected to deliver 85 gigawatt hours of clean and renewable energy to the Visayas grid each year. The plant is among AboitizPower’s facilities that make up a diverse yet balanced energy mix portfolio. ABOITIZ

NEGROS OCCIDENTAL – Business opportunities in the energy sector got a boost during the Department of Energy’s (DOE) recently held Energy Investment Briefing in Bacolod City.

DOE Chief Investment Specialist Lisa Go conveyed that the forum is an avenue to share information and tactics on enabling the establishment of energy-related businesses at the local level, which in turn could yield economic gains.

The forum, which gathered representatives from the local government units (LGUs), electric cooperatives, and potential energy investors in Western Visayas, seeks to establish collaboration among key players in the industry geared toward efficient implementation of energy projects.

Prospective benefits in terms of a power project and the requirements and procedures involved in the implementation of energy projects were also tackled.

For his part, DOE Visayas Field Office OIC director Saul Gonzales urged the participants to get involved with the discussion on the energy sector.

Meanwhile, DOE assistant secretary Robert Uy expressed optimism for greater business activity in the energy sector, highlighting the notable advances the government has initiated to create a “level playing field” for all energy stakeholders.

Uy further said that the DOE supports the country’s long-term vision, “Ambisyon 2040” through providing secure and sustainable energy services.

The investment briefing is in line with DOE’s E-Power Mo campaign to the business cluster, LGUs and electric cooperatives, emphasizing their vital role in allotting reliable and affordable energy supply to the consumers./PN

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