Renewable Energy: Solar Power Energy in the Philippines

Second, solar power is cheap and reliable (especially for a country that receives sunlight almost 365 days a year) — so it’s a good option for grid-scale power generation. And finally, solar technologies are becoming increasingly popular as an alternative to traditional energy sources like coal and natural gas. In light of these reasons, solar power should be a major focus for the Philippine energy sector moving forward! 

Not to mention that solar panel installation is not space consuming! Interested individuals may install these panels on the rooftop of their homes, commercial buildings, and even factories.

Importance of solar power to the Philippines

The Philippines is a country with a long history of facing problems with unreliable electricity. Solar power could be the answer to this problem. Solar power is crucial to the Philippines because it has plenty of sunlight. Solar power is also a greener and futuristic energy source for electricity generation, as it doesn’t produce emissions, thus fewer greenhouse gasses. Solar power is also economically-viable, as it can reduce energy costs and stimulate economic growth. Solar power is becoming an increasingly important renewable energy source in the Philippines, and the Philippines is one of the leading nations that are leading the way in sustainable energy development. 

But first, what Is renewable energy?

Solar power is one of the most popular renewable energy sources because it is reliable, affordable and helps reduce your carbon footprint. Solar energy can be used to generate electricity, help farms power pumps to irrigate water, and for many other purposes. The Philippines has rich potential for renewable energy due to its abundant solar source. 

Wind energy is also another popular source of renewable energy, alongside hydro, and geothermal energy power plants. But they are not as flexible as solar energy. 

For wind energy, you need to be located in a place that gets a generous amount of wind. For geothermal energy, you need to be near a source like geysers, volcanoes and other sources. And for hydro, you need to be near a dam or a powerful waterfall that generates enough power to make turbines work. 

How solar power is generated in the Philippines

Solar power is a renewable energy source that is growing in popularity all over the world. In the country, solar power is generated by using photovoltaic technology. This technology uses solar panels to convert sunlight into electricity, which is then used to power homes and businesses. 

The Philippines among other several countries aspire to achieve 100% renewable energy soon. This renewable energy source is expected to grow in popularity over time, as the government and businessmen invest in solar farms and everyday people become more aware of solar electricity benefits. There are many opportunities for investors in the solar power industry, so don’t hesitate to explore them.

The current state of solar power development in the Philippines

Solar power is gradually becoming one of the leading renewable energy sources in the Philippines. Several significant solar projects around the Philippines have recently been completed or are under construction, which is a testament to the growing solar industry. 

What are some solar power benefits & advantages?

Some solar power benefits include renewable energy, energy independence, and climate change mitigation.Solar power can help in managing climate change by providing clean, renewable electricity production. This energy source can reduce greenhouse gas emissions, which is good news for the environment. Additionally, solar farms produce no harmful pollutants or noise. Thus, they are a suitable choice for areas with high population density or sensitive environments. Not to mention that it is one of the safest sources of electricity compared to antiquated nuclear plants and coal-fired plants. 

Renewable energy simply means that there is not a finite quantity available on earth, compared to fossil fuels deposits which can run out at any time. Also, renewable solar energy does not impact the environment in a negative way. Another advantage is the cost, relying on fossil fuels, or coal makes electricity cost vary depending on the price of petroleum products. Meanwhile, the sun’s light is free! The Philippines’ climate is perfectly suitable to this source of energy since the number of hours of daytime is constant. The only thing solar panel owners have to do is conduct a maintenance routine in order to keep them in their best shape. 

How does solar energy work?

Solar energy works by converting sunlight into electrical energy. In simple terms, much like batteries store energy from solar panels, solar cell power systems store this electrical energy to function during the hours when sunlight is not available. The stored electricity can be used at a later time. Incorporating your home or business’s electrical grid into solar power and making it your primary energy source helps you save money in the long run.

Solar energy is a reliable source of your energy needs.

Conclusion

Solar power is a renewable energy source that has the potential to help improve the energy security of the individuals who opt to install it in their homes or businesses. 

Aside from upgrading your equipment to energy-saving ones, and your tech devices and appliances to inverter powered ones, solar panels can help you cut down on your operating costs too. 

 By understanding how solar power is generated in the Philippines and the current state of solar power development, you can make informed decisions about solar power as an energy source for your business.

Convinced that renewable solar energy will help your business big time? Reach out to us, and let’s talk. Finacore offers flexible and customizable leasing solutions for companies seeking to embrace a greener energy source.