BEP secures green lane status for offshore wind projects in Philippines
Buhawind Energy Philippines (BEP) has obtained green lane certification from the Board of Investments (BOI) for its three offshore wind power projects, collectively valued at PHP 694 billion. These projects, with a total installed capacity of 4,000 MW, are located in Northern Luzon, Northern Mindoro, and East Panay. The 1.98 GW offshore wind farm in Ilocos Norte is scheduled to commence operations in 2030, followed by a 990 MW facility in Northern Mindoro in 2031,…