UK firms keen on PH ocean energy potential

UK-based and UK-focused companies OpenHydro Group Ltd., SgurrEnergy Ltd., Albatera, Aquatera Ltd., IT Power, and Bell Pirie Power (Philippines)  said the Philippines has a big potential for ocean energy production as they called for government support especially on the revival of the shelved guaranteed incentives for developers.  Officials from the companies said they were keen on pursuing projects in the Philippines and other Asian countries, which have vast marine resources and are fast emerging as growth areas. Read more here.

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