DOE plans $300M package for solar and energy-efficient appliances

The Department of Energy (DOE) plans a $300-million package to support rooftop solar installations and energy-efficient appliances in public schools and government hospitals.

Patrick T. Aquino, director at the DOE's Energy Utilization Management Bureau, confirmed that while specifics are still being finalized, approval from the Asian Development Bank (ADB) has been secured for this five-year program.

The loan requires further approvals from the Department of Economy, Planning and Development and the Department of Finance before implementation can proceed.

Once approved, the program will contribute towards targets under the National Renewable Energy Program and compliance with the Government Energy Management Program, which aims to reduce electricity and fuel usage by at least 10 percent.

Ms. Rowena Cristina L. Guevara, Energy Undersecretary, expressed gratitude for ADB's support during the Asia Clean Energy Forum on Tuesday.