“The renewable energy ordinance is a landmark piece of local legislation that will surely boost the morale of our environmental warriors and champions in the field; most of all, this will give us more drive to sustain our efforts for a clean and sustainable world,” Governor Roel R. Degamo said in a statement.
The province’s RE Code awards carbon credits and a one-year tax holiday to renewable energy investors in the province.“The RE Code encourages all eligible institutions and companies to avail of the government’s Green Energy Option Program , which allows power consumers with monthly consumption of at least 100 kilowatts to source… renewable energy directly from licensed GEOP providers,” the provincial government said in a statement.
In 2018, the province banned construction of new coal-fired power plant projects and declared March 5 Renewable Energy Day. —