State-run Philippine National Oil Company (PNOC) has reported that it already completed the acquisition of the solar venture of Shell Solar Philippines for P25 million. Somehow, the company noted that this will kick off the second phase of its Solar Homes Systems (SHS) project, which has been helping at providing electricity to remote areas in the country. "We see a huge market for solar home systems and we intend to meet the electricity needs of our fellow Filipinos, prioritizing those who are not connected to the grid," PNOC president Antonio M. Cailao enthused. In the first phase of its...
photo: WN / Rubielyn Bunag
