Solar Energy Trend and Growth in the Philippines
The Philippines' solar energy capacity increased exponentially over the past 10 years.
From just two megawatts in 2011, the Philippines reached over 1048 megawatts in 2020. The Renewable Energy Act of 2008 boosted the country's renewable energy capacity, further shifting its energy grid away from traditional sources.
There are various types of renewable energy sources used globally including, bioenergy, solar energy, hydropower, and geothermal energy, to name a few. Globally, China and Brazil are the top two countries in terms of generating the most energy through hydropower. Geothermal energy has been on the rise as well. Data shows an increase in geothermal energy capacity globally in the last 10 years . Likewise, there has been a dramatic increase in the capacity of global solar energy in recent years.
With homeowners and businessmen leaning towards renewable energy, economic studies predict a 97.5% increase of solar energy use from 2021 to 2026!
Although we’re far from the scale of other countries such as China, Brazil, America, and Europe, we are still a developing nation that slowly prioritizes renewable energy sources such as solar power.
In switching to solar energy, entrust the experts at Solaready PH.
We’re one the leading solar installation companies in the Philippines.
In fact, our founder introduced solar energy for the country!
Contact us today at (+632) 7 957 3236 or (+63) 917 534 8178. You can also email your inquiries at email@example.com.