GERMAN SOLAR and energy-efficiency companies are seeking out opportunities in the Philippines, according to the German-Philippine Chamber of Commerce and Industry (GPCCI).
The GPCCI said in a statement that five German companies participated in the Energy Efficiency and Solar for Buildings conference in Makati City on Tuesday.
These five German companies were SolarNext AG, MIG mbH, Hörmann KG, eeaser GmbH, and Ecoligo GmbH.
“These visiting German companies have the advanced technical know-how in the field of energy efficiency, and we are happy to provide the stage for them to connect with both key public and private stakeholders in the Philippines,” GPCCI Executive Director Christopher Zimmer said.
The conference was organized in collaboration with the Philippine Energy Efficiency Alliance (PE2) and Cold Chain Association of the Philippines.
“Several German companies are already involved in the industry of energy efficiency in the Philippines and this delegation signals an increased potential and investor interest. We are delighted to see more attention again from German companies,” GPCCI President Stefan Schmitz said.
PE2 President Alexander D. Ablaza said the potential for investment in the Philippines and the prospects for creating additional “green” jobs.
“Aside from its cost-saving benefits, energy efficiency is one of the most labor-intensive activities in the energy sector,” Mr. Ablaza said.
A delegation of German renewable and energy-efficiency businesses is currently in the Philippines until March 24.
“In the following days, the German delegation will further explore potential partnerships with Philippine counterparts through business to business meetings, project site visits, and other business networking activities,” the GPCCI said. — Revin Mikhael D. Ochave