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Soaring energy costs sparked by Middle East conflict drive solar shift in the Philippines
The Philippines is now the world’s largest spender on solar panels amid the conflict.
The Philippines is pivoting to solar energy as the Middle East conflict sends energy prices soaring around the world. Installing solar panels on rooftops appeals to many Filipino households and businesses since the country faces some of the highest residential electricity rates in Southeast Asia. The rush to adopt the technology has made the country the world’s biggest spender on solar panels since the war began.
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