By THEPHILBIZNEWS STAFF
As the concern for power rate hike continues, five German companies are exploring the possibility for partnerships and presented their energy efficiency and solar solutions to the Philippine market in webinars and remote B2Bs during the digital German Energy Week held from June 29 to July 03, 2020. This is the first “digital delegation” from Germany.“
Despite the crisis brought about by the COVID-19 pandemic, German companies are looking for new partnerships in emerging markets regarding energy efficiency and solar energy. Going green is a good way forward, it is not only sustainable but also economically attractive for businesses” stated Stefan Schmitz, who was elected GPCCI President in the beginning of the week.
Seeing the huge potential of renewable energy in the Philippines, respective German companies have been active in the Philippines for a long time already. With this delegation, another five companies present their unique and innovative products and services.
With around 200 participants at the webinar series and 1400 views as well as 50 shares on Facebook, the German-Philippine Chamber of Commerce and Industry Inc. in close cooperation with the Philippine Green Building Council and Philippine Chamber of Commerce and Industry provided a virtual platform for exchange. German and Philippine experts along with government representatives shared project opportunities and best practices.
Erel Narida, President of the Renewable Energy Association of the Philippines, stated: “It is very positive to see how the Philippines is advancing with the help of the Energy Efficiency and Conservation Act. It is the right step to ensure more sustainability and better management of energy resources. But the private sector should also look into other ways of utilizing RE productively.”
The German Energy Week is part of a virtual business mission of five German companies, namely, ecoligo GmbH, Enerbar UG, Material Innovative Gesellschaft, meteocontrol GmbH, and Viessmann Werke GmbH & Co. KG. In the days following the webinars, the German companies further explore partnership potentials with Philippine counterparts. The project is under the German Energy Solutions Initiative – an export program of the German Federal Ministry for Economic Affairs and Energy (BMWi) supporting German SMEs in their global outreach.