Hontiveros urges renewable energy solutions amid soaring oil prices

An aerial view shows workers assembling solar panels at a floating photovoltaic plant on the Silbersee lake in Haltern, western Germany, on April 22, 2022. Germany's largest floating solar park is currently being built and will produce almost three million kilowatt hours of electricity per year.

AFP / Ina Fassbender

MANILA, Philippines — Sen. Risa Hontiveros on Friday called on the national government to expedite the rollout of renewable energy projects in the Philippines and lessen the country’s vulnerability to international oil price shocks, following another big-time oil price hike this week.

This comes after local oil companies announced increase to prices of diesel, gasoline and kerosene, due to drastic cuts in production announced by the Organization of Petroleum Exporting Countries.

Hontiveros also recently filed proposed Senate Bill No. 378 or the Solar Home System Financing for Social Housing Program Act, which aims to provide impoverished families in socialized housing sites easy access to solar energy technology and its benefits.

Full Story: https://www.philstar.com/headlines/2022/10/14/2216649/hontiveros-urges-renewable-energy-solutions-amid-soaring-oil-prices