When will solar power be available in the Philippines?

HSBC Philippines head of sustainability Ceejay Hernandez said the fastest period for solar energy adoption will be driven by growing investments in renewable power and heightened consumer awareness of the dangers from climate change. “My fearless forecast is that we’ll have widely accessible solar power by 2030.

How long do solar panels last?

These can be used for housing projects of the government,” he said. With proper maintenance, Ayala Property Management Corp. president Tony Martin shared that solar panels can last 25 to 40 years. Hernandez said solar panels inevitably lose their efficiency capabilities to some extent over a long period of time.

Are solar panels a good solution for underserved communities?

“Although it’s not the perfect solution, it gives underserved communities access to electricity,” Hernandez continued. NEO co-managing director and chief sustainability officer Gie Garcia said the country now has four recycling facilities dedicated to solar panels.

Do HSBC clients use solar panels?

Hernandez said an increasing number of HSBC clients have integrated solar panels into their homes or office buildings due to their durability. “Solar panels are very strong compared to the traditional corrugated metal roofing. These can be used for housing projects of the government,” he said.