CleanTechnica•about 1 month ago
Philippine Pension Fund for Gov’t Retirees Powers Solar Rooftops
Key Takeaway
A substantial government-backed financing program in the Philippines unlocks a new, large-scale market for residential rooftop solar, presenting a significant opportunity for solar developers and installers.
AI Summary
- •The Philippine Government Service Insurance System (GSIS) has launched the ₱12.5 billion ($223 million) Ginhawa Solar Energy Loan (GSEL) program.
- •This program provides financing for rooftop solar installations for GSIS members, aiming to mainstream solar as a household financing category.
- •The initiative creates a significant new market opportunity for solar developers and installers in the Philippines by providing a large, government-backed financing mechanism for residential solar projects.
Topics
financingpolicysolar
Article Content
A new loan program from the Government Service Insurance System (GSIS) is positioning rooftop solar not just as a cost-saving option, but as a mainstream financing category for Filipino households. The state-run pension fund has earmarked ₱12.5 billion ($223 million) for the Ginhawa Solar Energy Loan (GSEL), allowing members to ... [continued] The post Philippine Pension Fund for Gov’t Retirees Powers Solar Rooftops appeared first on CleanTechnica .