The Philippines fell six spots to 33rd out of 40 markets in the 61st edition of the biannual Renewable Energy Country Attractiveness Index (RECAI) by Ernst & Young (EY). The index ranks the attractiveness of a country in renewable energy (RE) investment and deployment opportunities. With a score of 56.1 (out of a possible 100), the Philippines ranked higher than its Southeast Asian peers Vietnam and Thailand.
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