Gliding Energy Investment

Philippine government nearly 40.6 billion dollars to develop renewable energy sources, fossil fuel production and investment in the project will boost the Philippines in other key sectors. Jose Rene D. Almendras, infrastructure, energy secretary in the Philippines, the Philippine government in 2010 to provide energy investment, energy security in the developing stage in establishing a long-lasting energy and is essential to achieve the best pricing, insisted. The share of investment in Bio-energy, solar, wind, ocean and geothermal energy sources development for the Philippines. Document issued by the Philippine government, the country's top thousand megawatts of energy, greater biological resources and large solar power plants that generate enough geothermal sources is depicted. Ocean energy and wind energy facilities in the Philippines, respectively, 170,000 and 76,600 MW of power can be produced. Their collective energy contractors in the country will have to welcome the foreign energy investors.United States Department of the Interior and the lease of the Atlantic coastal states, many of the criticisms from the sea, to be issued by the end of 2011, expect to pay a new marine wind leases. Ken Salazar, Secretary of the Interior Department, the Department, which are relevant for the development of wind energy, marine environmental reviews to find the relationship between the local population and the central agencies will refine, leases soon to be considered for approval. The Interior Department plans 'Smart from the Start' was created, the Bureau of Land Management and the southwest of federal lands to the successful functioning of the solar energy and the environmental effects on the ability to study.
 

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