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Philippines becomes world’s top solar spender amid Middle East energy crisis

South China Morning Post 29 June 2026 4h ago
Philippines becomes world’s top solar spender amid Middle East energy crisis
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People in the Philippines are flocking to install solar power on rooftops and escape the burden of soaring electricity prices, making it the world’s biggest spender on solar panels since the war in Iran started. Top power distributor Meralco has raised prices by 10 per cent since the Middle East conflict began in late February. Now, a median household spends around 12 per cent of monthly ‌income o
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