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Solar generation to help PH avoid high costs

SOLAR generation has allowed the Philippines to avoid $78 million in fossil fuel spending in the first half of 2022, according to a report published by Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).

The report highlighted that amid soaring fossil fuel prices, solar power is already contributing to meeting electricity demand in Asia and enhancing energy security.