Energy in Action! — project financing

Finance is the lifeblood of energy projects. It provides the framework for assessing feasibility, managing risks, and optimizing profitability. The financial intricacies of energy projects require expertise and careful consideration to ensure not only their success but also their long-term sustainability in our ever-evolving energy landscape. 

The Philippines is a country that has experienced significant economic growth in recent years. Its gross domestic product (GDP) has grown at an average annual rate of around 6 percent since 2010, making it one of the fastest growing economies in Southeast Asia. The Philippines has also made strides in renewable energy. The government has set a goal of increasing the share of renewable energy in the country's total energy mix to 30 percent by 2030. To achieve this goal, the government has implemented a number of initiatives, including the creation of a feed-in tariff program that encourages the development of renewable energy projects.

The International Performance Measurement and Verification Protocol (IPMVP) owned and updated by Efficiency Valuation Organization #evo is a framework for evaluating the performance of energy efficiency projects. It is designed to provide a global common language and set of standards for measuring, verifying, and reporting the performance of such projects. This makes it possible for all stakeholders in the energy efficiency market, including energy users, utilities, energy service companies, and state energy offices, to compare the performance of different projects and make informed decisions about investments in energy efficiency.One of the key benefits of the IPMVP is that it allows...