Business

AES Sees Bright Prospects in Solar, Battery Storage in Philippines

Manila, Philippines – AES Philippines, the local unit of American energy giant AES Corp., is eyeing to construct solar and battery storage facilities in far-flung areas around the country not connected to the main power grid.

The company said it sees tremendous opportunities in Small Power Utilities Group (SPUG) areas since these places source their power from much more expensive diesel power plants, AES Philippines managing director Neeraj Bhat said.

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Source: The Philippine Star

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