Solar Fit-2

Solar News Roundup for 15 January 2017

2016 Yearender: Issues create shockwaves for energy sector

Source: Phil Star

Summary: There were several issues for the solar players:

  1. Solar FIT - Parameters were not properly set, so there was industry-wide confusion why some solar players were excluded.

  2. May elections and Change in Leadership – The change in administration meant that proposals now approved by then President Benigno Aquino III remain pending

  3. New Administration’s Energy Plan - energy mix policy that is anchored on ensuring a reliable power supply and lower the price of electricity.

  4. ERC official’s death - Francisco Villa Jr. committed suicide at the comfort of his own home last Nov. 9, shook the ERC.