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Five onshore wind projects get green-lane status
The Board of Investments (BOI) has granted Green Lane status to five onshore wind energy projects of Cleantech Global Renewables, Inc. (CTGRI) worth P108 billion.
These projects include the P18.29-billion Tayabas North Wind Power Project (144 MW), the P22.9-billion Tayabas South Wind Power Project, the P24.10-billion Bulacan 1 Wind Power Project (187.2 MW), the P28.79-billion Bulacan 2 Wind Power Project (237.6 MW), and the P13.95-billion Maragondon Wind Power Project (86.4 MW).
The wind power projects are anticipated to create over 3,000 employment opportunities for Filipinos.
CTGRI is one of the Philippines' rapidly expanding, wholly Filipino-owned independent power producers and renewable energy developers, established in 2014.
The company has a total capacity of 650 MW for solar plants in operation and under construction, and an additional 5,000 MW of renewable energy projects in various development stages.
Green lane status will expedite and simplify the permit and licensing process for these projects.
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