Philippines emerges as South-East Asia renewable power pacesetter

MANILA (Bloomberg): The Philippines has leapfrogged its South-East Asian neighbours to become a regional leader in planned clean-power projects as fewer investment restrictions and green-minded policies attract domestic and foreign cash.

Changes including allowing full foreign ownership of renewable energy projects have already helped secure a pipeline of 99 gigawatts of wind and solar developments.

That’s more than enough power to supply all Philippine…