Power solutions provider and renewable energy firm Enercon Asia Pte Ltd is aiming to invest $40 million to $100 million in the clean energy sector of the Philippines within the next two to three years.
In particular, the Singapore-based company is studying potential solar projects. The investment would be its first such investment in the Philippines, according to Enercon Asia Executive Chairman Azhar Othman in a television interview on ANC News Channel. For clean energy projects, Othman gave a rough figure of $40 million in investment per 50 megawatts of renewable energy.
Enercon…
