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P81.675 billion offshore wind power project approved

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Exciting news! The P81.675 billion offshore wind power project by Ivisan Windkraft Corporation has been approved through the Green Lanes initiative. This project, under the Triconti Windkraft Group, is significant as it is the first offshore wind project to receive approval through this initiative. It will contribute to the country’s clean energy targets and the development of the offshore wind industry value chain in the Philippines. Additionally, it is expected to create 2,700 jobs and help the country reach its goal of operating offshore wind turbines by 2028.

 

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