The ADB Solar Rooftop Project: Boosting Solar Energy Growth in the Philippines

As the threat of global warming and climate change looms, the need to shift to environment-friendly renewable energy (RE) sources has become more pressing. Solar energy is fast becoming a viable option because it is viewed as the most accessible, inexhaustible, and cleaner option among all the other available RE sources.

ADB aimed to boost its use in the region and in the Philippines through a project that addresses the barriers that hinder the development of solar energy generation. Using a three-pronged, it brought together stakeholders to share knowledge, develop partnerships, discuss new solar power proposals and incentive mechanisms, and organize major conferences on solar energy. It also installed 3,000 MW of solar power generation from 2010 to 2013 in  Asia and the Pacific region while introducing innovative finance solutions to reduce risks and provide incentives, reduce solar generation costs, and encourage more private sector participation. 

This case study was developed by the Asian Institute of Management for the Asian Development Bank.