Green lane endorsement given for 450 MW Frontera Bay Wind Power Project in Philippines
The Board of Investments (BOI) has awarded the green lane certificate of endorsement to Ivisan Windkraft for its 450 MW Frontera Bay Wind Power Project in Cavite, Philippines.
With the Green Lane approval, national government agencies and local government units are required to accelerate and simplify the processing of permits and licenses for the offshore wind project in Cavite by the renewable energy company. Recognized by the BOI as a strategic investment, the PHP 81.68 billion (USD 1.5 billion) offshore wind project aligns with the government's objective of generating 15.3 GW of clean energy by 2030 as outlined in the Philippine Development Plan 2023-2028.
Country updates
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November 10, 2023
Development rights awarded for 160 MW wind farm project in Philippines
ACCIONA Energía has announced that it has been awarded, together with its local partner Freya Renewables, development rights for a 160 MW wind farm in The Philippines. The Philippine Departmen...
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October 31, 2023
Green lane certificate granted for 100.8 MW Kalayaan 2 wind project in Laguna province
The Board of Investments (BOI) awarded the Green Lane Certificate of Endorsement to The Blue Circle for its Kalayaan 2 wind power project located in the Laguna province (Luzon), Philippines. The...
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October 25, 2023
Alternergy gears up for next phase of growth in Philippines
Alternergy Holdings Corp. has reported a consolidated net income of PHP38 million (USD669,267) for the fiscal year ending June 2023 in the Philippines. Over the next two years, Alternergy will b...
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September 13, 2023
Zonal Renewables to construct new 100 MW floating solar project in Philippines
Zonal Renewables has planned to construct a new 100 MW floating solar project on a 90-ha fishpond in Cadiz, Negros Occidental province, Philippines. The floating solar power farm carries the potentia...
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August 10, 2023
ACEN raises loan for 133.5 MWp solar PV project in Cagayan
ACEN Corp. has announced plans to increase its financial support for a 133.5 MW Cagayan North Solar Power project in Cagayan, Philippines. In a recent filing with the stock exchange, the company revea...
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