DOE chief targets 121.3 GW of power capacity by 2040

MANILA, Philippines — The country’s energy chief is pushing more ambitious targets, calling for aggressive investments to raise power capacity to 121.3 gigawatts (GW) by 2040. In a media briefing on Tuesday, Department of Energy (DOE) Secretary Sharon Garin said the local market’s current installed capacity is 32.2 GW. READ: DOE confident 10,000 MW of new