News

Project

Staff Reporter

, Philippines

Published:

7 months ago

243 views

Photo from BOI

PH endorses $5.8b offshore wind projects for green lane status

Operations will start in six years.

The Philippines’ Board of Investments (BOI) has awarded the Green Lane Certificates of Endorsement to the two offshore wind projects of Vind Energy Corporation in Cavite and Guimaras worth $5.8b (PHP331b).

In a statement, the BOI said the projects are expected to start operations in 2030, and will have a maximum capacity of 994 megawatts (MW) and 728MW, each. Furthermore, the projects will utilise a fixed-bottom offshore wind technology.

The two wind energy projects are among the $52.6b (PHP3t) green lane certified projects by the Philippine government.

$1 = PHP57.01

Follow the link for more news on

Philippine Renewable Energy

Also Read

China's Maerdang Hydropower Station hits 3.5 billion kWh mark

lndraprastha Gas eyes setting up solar plant in Rajasthan

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

China's Maerdang Hydropower Station hits 3.5 billion kWh mark

This eliminates nearly 4 million tonnes of carbon emissions.

Project

21 hours ago

CREIT’s net income up 2% in 2024

Thanks to its strong guaranteed base lease, supported by 2023 acquisitions.

21 hours ago

lndraprastha Gas eyes setting up solar plant in Rajasthan

This will be under a joint venture with RVUNL.

Project

21 hours ago

PH’s Linseed Field LNG terminal resumes operations

However, another facility remains to face delays.

Project

22 hours ago

Exclusives

SMR use in Singapore’s data centers pushed

Other experts prefer an energy mix that includes nuclear, hydrogen, and imported RE.

Southeast Asia’s green transition to get $700m investment boost

The funding will cover solar, wind, and hydropower projects.

Project

Singapore's hydrogen gas turbine market heats up

The city-state’s hydrogen-powered plants are expected to cut its carbon emissions.

Project

Eyes on nuclear, hybrid power in 2025

There is nuclear resurgence in Japan and Korea, and high battery storage demand in India.

Power Utility

Event News

Co-Written / Partner ROCFILL VENTURE LIMITED revolutionises water conservation and water treatment industry with cutting-edge technology

With a remarkable reputation and partnerships with industry giants, ROCFILL is becoming a leading solution provider for global clients in the water conservation and water treatment industry.