Energy Secretary Sharon Garin announced Tuesday that the Department of Energy (DOE) has cancelled several contracts with Solar Philippines, founded by Batangas 1st District Representative Leandro Leviste, citing failure to meet commitments.
Garin said the DOE terminated 17,000 megawatts of service contracts, with Solar Philippines accounting for nearly 12,000 megawatts.
“We don’t want flippers and opportunists to risk and profit from the country’s energy security. Hence we cancelled 17,000 megawatts contracts, 12,000 megawatts thereof is of Solar Philippines,” Garin stated.
She warned that the cancellation of these solar power deals could affect the country’s energy outlook. The failed projects, she said, mean the Philippines “might not have enough reserves in the future and prices won’t decrease as we expected before.”
Leviste has yet to issue a response to Garin’s remarks.