Press Release
May 13, 2011


Senator Edgardo J. Angara said that expanding the country's clean energy portfolio will create new avenues for investors to enter the country and help expand the growing industry in the country.

Angara said that clean technology investors have traditionally been keen on placing their investments in China and India, who are the leaders in the region, but are now looking to expand to other countries in the region.

Angara, Chair of the Congressional Commission on Science Technology and Engineering (COMSTE), said that clean technology is not limited to energy applications, but also other s such as waste and water management.

Such technologies are applicable to the Philippines because of the growing energy needs and the impending need to utilize S&T to secure the nations water supply, said Angara.

The European Chamber of Commerce of the Philippines (ECCP), which has voiced its support for helping the Philippines achieve better energy efficiency and sufficiency, recently held a forum entitled, ' Latest trends in Renewable Energy & Energy Efficiency'.

The forum featured three international experts in the field to present and discuss the latest trends in renewable energy and energy efficiency like waste-heat recovery, biomass, and thermodynamic solar power. Building maintenance, co-generation and energy saving for high Intensity Discharge (HID) lamps were also covered.

Angara said that it is important for the government to help local industries and private entities collaborate with the international community, which can present avenues for technology transfer and training as well as research and development opportunities.

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