Recently, the Philippine Department of Energy (DOE) said that in order to accelerate the development of renewable energy projects, more than 100 signed but lacking progress renewable energy contracts were cancelled.

The Philippine Department of Energy once again reaffirmed the Ministry's support for the development of renewable energy. Renewable energy means local self-production, a reliable source of energy, and a safe supply of energy even in the event of a war.

According to analysts of the new photovoltaic energy industry, in addition to shortening the renewable energy contract review process from the original 2 years to 45 days to attract more investment cases, the goal of solar power system installations has been further increased from 50MW to 500MW. In early October, the Thai Ministry of Energy also proposed the 2015 energy plan at the 12th anniversary of its establishment, mentioning that any laws/regulations that impede the program will be revised, including accelerating the country's 2000MW system power from the solar power plant purchase target. According to statistics, in the first half of 2014, China's accessories (MPPT controllers, inverters) were exported to Southeast Asian countries. The first country was 158MW for the Philippines, followed by Malaysia's 112MW and Thailand's 98MW, followed by Singapore. Indonesia and Vietnam. Experts further pointed out that with the gradual clarification of solar energy policies in Southeast Asian countries, China's exports to the Philippines in August increased by 19% to 43MW in a single month. Who will eventually fall in the Southeast Asian market?

Ai Pound is looking forward to working with you as a strategic partner to promote the development of photovoltaic energy.