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New Energy

Billionaire’s Solar Plan Could Save Philippines 1.4 Million Tons of Coal a Year

Shipping and casino magnate aims to supply enough clean energy to avoid the burning of about 1.4 million tons of coal.

Billionaire Enrique Razon plans to build a massive solar-and-battery facility in the Philippines that would provide enough clean power to avoid burning the equivalent of 1.4 million tons of coal a year.

It’s the latest proposal that combines cheap photovoltaic panels with energy storage to alleviate the key flaw of solar power — that it can provide too much electricity in the middle of the day and none at night. Similar massive facilities have been proposed in Indonesia and northern Australia