Investors Eyeing Philippines' Hydrogen Potential
Key Ideas
- Interest in exploring and utilizing the country's hydrogen resources is high among investors, as confirmed by the Department of Energy.
- Energy Undersecretary Sales highlighted strong interest from companies in exploring local hydrogen sources for power generation during international roadshows.
- This interest from investors indicates a positive outlook on the potential of hydrogen as an energy resource in the Philippines.
During an online media briefing, Energy Undersecretary Alessandro Sales from the Department of Energy in the Philippines expressed that there is significant interest in exploring and utilizing the country's hydrogen resources among investors. He mentioned that during international roadshows, several companies showed strong interest in exploring local hydrogen sources for power generation. This enthusiasm from investors signifies a positive sentiment towards the potential of hydrogen as an energy resource in the Philippines.