Ex-CJ Puno chairs solar power firm
Former Chief Justice Reynato Puno urged Filipinos to consider shifting to solar energy to bring down the cost of electricity for homes and businesses and mitigate the impact of a brewing energy crisis.
Puno, who now chairs the board of GenWatt, warned that rising electricity costs, spiraling prices of imported fossil fuels and the expected depletion of the Malampaya natural gas fields in Palawan could bring back rotating blackouts and grind many businesses and industries to a halt, resulting in billions of pesos in economic losses.
“Our power supply is really lacking and this shortage is even expected to increase when the natural gas at Malampaya runs out,” Puno said at the ceremonial switching of a 50-kilowatt GenWatt system at the St. Martin of Tours Credit and Development Cooperative in Bocause, Bulacan, on August 6.
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