Wednesday, June 4, 2025

DOE underscores floating solar and battery storage as game-changers in energy transition

The Department of Energy (DOE) spotlighted the transformative role of Floating Photovoltaic (FPV) technology and Battery Energy Storage Systems (BESS) in driving the Philippines’ clean energy future during a forum held on Monday at the DOE Audio Visual Room.

DOE Undersecretary Rowena Cristina L. Guevara emphasized the strategic pairing of FPV and BESS as a powerful, scalable, and low-carbon solution tailored to the Philippines’ distinct geographic landscape.

“The groundwork is already being laid,” said Undersecretary Guevara. “With strong policy direction from the DOE, an increasingly open and competitive power market, and a rising appetite for public-private collaboration, we are creating the enabling environment needed to accelerate this transition.”

The forum convened innovators, energy stakeholders, and financial experts to share global best practices on FPV development, financing strategies, and the integration of storage systems. Key discussions focused on optimizing grid interconnection, establishing risk mitigation measures, and aligning bankability frameworks with international development finance institution (DFI) standards.

Floating solar installations, particularly when paired with BESS, present an opportunity to bolster the country’s energy resilience and reduce reliance on fossil fuels. This combined technology not only supports climate action goals but also stimulates economic growth through job creation and increased investment in sustainable infrastructure.

As the Philippines continues to face the dual challenge of meeting growing energy demands and mitigating climate risks, the DOE’s push for innovative and adaptable solutions like FPV and BESS marks a pivotal step toward a secure, sustainable, and inclusive energy future.

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