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The Philippines utilizes renewable energy sources including hydropower, geothermal and solar energy, wind power and biomass resources. [citation needed] In 2013, these sources contributed 19,903 GWh of electrical energy, representing 26.44 percent of the country's electricity needs. [ 1] Among the renewable energy sources available in the ...
The Bangui Wind Farm is a wind farm in Bangui, Ilocos Norte, Philippines. The wind farm uses 20 units of 70m (230 ft) high Vestas V82 1.65 MW wind turbines, arranged in a single row stretching along a 9-kilometer (5.6 mi) shoreline off Bangui Bay, facing the West Philippine Sea. Phase I of the NorthWind power project in Bangui Bay consisted of ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
Income inequality grew during the era of martial law, as the poorest 60 percent of the nation were able to contribute only 22.5 percent of the income in 1980, down from 25.0 percent in 1970. The richest 10 percent, meanwhile, took a larger share of the income at 41.7 percent in 1980, up from 37.1 percent in 1970.
A coconut plantation in Sipocot, Camarines Sur. Coconut production plays an important role in the national economy of the Philippines.According to figures published in December 2009 by the Food and Agriculture Organization of the United Nations, the Philippines is the world's second largest producer of coconuts, producing 19,500,000 tonnes in 2009. [1]
On July 31, 2022, the Philippines produced 1,792,102 metric tons of raw sugar and 737,254 metric tons of refined sugar, marking decreases of 16.18% and 2.84%, respectively, compared to the previous year. The projected raw sugar production for the crop year 2021-2022 was 1.80 million metric tons, a 16% drop from the previous year’s 2,143,018 ...
Poverty incidence of Santiago 2.5 5 7.5 10 12.5 15 2006 9.80 2009 10.84 2012 14.98 2015 12.80 2018 12.33 2021 12.81 Source: Philippine Statistics Authority Santiago houses some of the biggest hospitals in the region. De Vera's Medical Center, Callang General Hospital and Medical Center and Santiago Adventist Hospital are private hospitals. The Southern Isabela Medical Center is the biggest ...
Nuclear energy was considered as an alternative source of energy after the 1973 oil crisis affected the Philippines. The Bataan Nuclear Power Plant was built by President Ferdinand Marcos in the early 1980s, but never went into operation after it was mothballed by Marcos' successor, President Corazon Aquino, who cited the possibility of a ...