Offshore wind projects endorsed for green lane

Quick Summary:

The offshore wind projects of Vind Energy Corp.in Cavite and Guimaras worth P331 billion have secured green lane certificates from the Board of Investments (BOI).

Expected to start operation in 2030, the BOI said the Cavite and Guimaras projects have a potential maximum capacity of 994MW and 728MW, respectively.

Corio is also developing projects in markets including Australia, South Korea, Taiwan and Vietnam, according to BOI.

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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets: PhilippinesAustraliaSouth KoreaTaiwanVietnam

Topics: Investments Strategic Lane Energy Vind Corio Green Corp Wind Projects Offshore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 16:07:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22080758

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 55 posts per day

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News Last Updated: ago

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