MANILA, Philippines – The Philippines needs around P100 billion to upgrade its power grid and limit economic losses from widespread blackouts, according to global energy think tank Ember.
This figure reflects a “high-level investment scenario,” especially as the market expects to switch on more renewable energy projects that will need to be quickly connected to the grid. Upgrading the power infrastructure is crucial to support these developments and ensure a stable energy supply across the country.
https://business.inquirer.net/552602/p100b-needed-to-deploy-smart-power-grid