High cost and mismatch in demand and supply makes country reliant on fossil fuels despite setting a goal to have half its energy needs met by renewables, reports Straits Times
Leandro Leviste, 21, has taken leave from university to start a solar panel company – so much does he believe in the future of renewable energy in his country, the Philippines.
He started the company in August 2013 and has been installing solar panels on the roofs of the country’s biggest shopping malls, the SM chain owned by retail tycoon Henry Sy.