THE Department of Energy (DoE) welcomes the BloombergNEF Climate 2023 report that designated the Philippines as among the top 5 most attractive emerging markets for investments in the power sector.
The report released on Nov. 29, 2023, said the Philippines moved up six places from 2022 to number 4 in 2023, with India, China and Chile in the first, second and third spots, respectively. This followed the country's significant progress in transitioning to renewable energy (RE) over the last two years.
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