Thursday, December 2, 2010

Aquino calls on private sector to support renewable energy

(philstar.com) Updated December 02, 2010 09:00 PM Comments (1) View comments


MANILA, Philippines (Xinhua) - Stressing that the sustainable access and use of renewable energy is a vital cornerstone of the country's overarching agenda of success, President Benigno Aquino III today called on the private sector to be government's partner in bringing renewable energy to isolated communities.
In his keynote address at the Renewable Energy Conference and Expo Manila 2010 held at the Dusit Thani Hotel in Makati City, Aquino said that renewable energy projects in rural areas can be tools of development in far-flung communities.
"Your genuine support furthers our optimism in our initiatives towards renewable energy development in our country. The key to success in any venture is sufficient cooperation and seeing all of you here reassures us that the government and the private sector have a mutual interest in pursuing sustainable access to and the use of renewable energy in the country," he said.
Aquino stressed that the government needs the help of the private sector in improving the lives of the poor, especially those in isolated communities.
"We will give you incentives and guarantees as needed within a framework that takes in consideration our mutual desire for a win- win solution for all parties," the president assured.
He said the public-private partnership projects on renewable energy will realize this goal.

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