WITH the groundbreaking Tuesday of its newest housing development, the P2-billion worth One Oasis Cagayan de Oro, real estate firm Filinvest Land Inc. (FLI) has promised it is just the beginning of the company’s investments for the city as it plans to expand its real estate business here. "This is another milestone for Filinvest Land as we break ground for One Oasis in Cagayan de Oro, our flagship project,” said Josephine Gotianun-Yap, FLI president and CEO. "With each endeavor such as this, our goal is to fulfill more Filipino dreams. This is the foundation on which Filinvest is built. From dreams of a first home to or a lasting legacy or a desired lifestyle, the company caters to the needs of every Filipino, whoever he may be,” Gutianun-Yap said. "This is just the beginning for the Filinvest Land here in Cagayan de Oro. These are promising and exciting times as we continue to expand our footprint in the regional market,” Gutianun-Yap said. Off-grid systems, renewable energy sources the key to energy poverty elimination: PIDS . The Philippines and other Asean members should continue and expand cooperation on off-grid and decentralized renewable energy systems in a bid to accelerate the elimination of energy poverty. This suggestion was made by a study published by the Philippine Institute for Development Studies (PIDS) authored by Adoracion M. Navarro, PIDS Senior Research Fellow; Maxensius Tri Sambodo, Researcher of Indonesian Institute of Sciences Economic Research Center; and Jessie L. Todoc, Philippines Program Manager of SEA Energy Access and Alternative Energy, International Copper Association Southeast Asia."Off-grid systems that are fuelled by renewable energy sources, whether decentralized stand-alone systems or micro and mini-grids, are the most economical solutions to providing electricity access in still many cases (because of the non-viability of grid or line extension)," it said. The study considered off-grid electrification a technical solution that can justify soft financing, as "this solution is usually for very remote rural areas." With this, it urged various Asean energy sector bodies and the relevant subsector networks to prioritize the adoption of regional and national standards on off-grid and decentralized systems, including micro and mini grids, based on existing international standards, in their joint discussion.
