Tag Archives: electric vehicles

MVP group in talks with foreign firms for electric vehicle manufacturing venture

InterAksyon.com
The online news portal of TV5

MANILA – The MVP group of companies on Thursday said it has received proposals from foreign firms interested in putting up a joint venture for the manufacture of electric vehicles in the Philippines.

During the 2nd Philippine E-Vehicle Summit, Manuel V. Pangilinan, Manila Electric Co. (Meralco) president and chief executive officer, said his group is willing to work with the government, financial institutions, the academe and manufacturers to develop the infrastructure for building such vehicles in the country.

“Our group of companies is prepared to invest in the downstream manufacturing capability of this industry for the sake of this country. It is better for us to build rather than import these vehicles,” he said.

He said his group is considering proposals by foreign companies that are keen on partnerships to establish the Philippines’ e-vehicle manufacturing capacity.

“[We] would like to pursue them. The Philippines should take the lead in the region in the development of the industry,” Pangilinan said.

The government is banking on the development of e-vehicles to reduce the country’s reliance on oil imports and at the same time bring down green house gas emissions.

Taxes and duties on electric and hybrid vehicles, however, account for 30 percent of their prices, making such vehicles unattractive for either private or public transport use.

Besides Meralco, Pangilinan is also chairman of Metro Pacific Investments Corp., Philippine Long Distance Telephone Co., Philex Mining Corp. – all of which are among the top companies in their respective sectors.

Pangilinan is also the chairman of TV5 and its online news portal, InterAksyon.com.

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Filed under Corporate Social Responsibility, GHG Mitigation Effort, Renewable Energy and Biofuels, Sustainability

Invest in renewable energy

Invest in renewable energy

I made this banner way back in 2010, before I left the methane to markets project and saying goodbye to my anaerobic biodigester friends.  The phase of development is really slow, renewable energy projects are running at a turtle’s phase here in the Philippines, though I am getting my monthly salary and getting some opportunities to be trained in GHG verification, there seems to be no great impact renewable energy have in policy-making.

The Renewable Energy Act has been around for quite some time yet the impact is not much, now the Philippines is facing an energy crisis where areas within the country face rotating black-outs which could have been prevented by developing small-scale renewable energy projects.   I do miss being a part of a project implementing renewable energy initiatives, even something as small as putting up a small microscale digester in a small farm.  If only such initiatives were replicated similar to what has been done in Vietnam and Cambodia, we won’t have to rely on diesel-powered generators or even power barges that run on carbon emitting fossil fuels.

There is so much opportunity but we just could not see it because… I don’t know… I just don’t understand the policy scenario why opportunities are being missed and our environmental initiatives are just simply for show and not for return on investments.

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April 6, 2012 · 11:09 am

To be celebrated or be frustrated

Is this a cause for celebration or frustration?  The Land Transportation and Franchising Regulatory Board or LTFRB have awarded a franchise for the legal operation of the first electric jeepneys…why did it take so long???

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Filed under Climate Change, Pollution Control, Renewable Energy and Biofuels, Sustainability