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Board of Investments governor Marjorie Ramos-Samaniego awards the green lane certificate of endorsement to Carola Carrion , chief executive of Freya Renewables Inc. at the BOI main office in Makati City for its 196.7-megawatt peak Daanbantayan Solar Power Project.The Board of Investments endorsed for green lane processing the P7.5-billion Daanbantayan Solar Power Project developed by Freya Renewables Inc.
The project, near the National Grid Corporation of The Philippines Talisay substation, will harness Cebu’s abundant sunlight to generate 150 megawatts of clean, sustainable electricity. “This project underscores our commitment to providing affordable, reliable, and sustainable energy solutions to the Philippines. We are confident that the Daanbantayan Solar Power Project will serve as a beacon for future renewable energy initiatives in the region,” said Freya Renewables country manager Fermin Alvarez.
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