THE Board of Investments (BoI) has awarded a Green Lane Certificate for a renewable energy project amounting to P7.5 billion.
THE Board of Investments has awarded a Green Lane Certificate for a renewable energy project amounting to P7.5 billion.Freya Renewables Inc., a subsidiary of Spain-based Acciona Energia, received the service to streamline the approval process of its Daanbantayan Solar Power Project in Cebu. The company was also involved in the development of more than 400 megawatts of clean energy.
last year, allows simultaneous processing and endorsement of high-priority investments to relevant government agencies to ensure faster implementation.The BoI reported that as of June 20, a total of 74 projects were approved worth P2.3 trillion for green lane services with majority under the renewable energy sector.BoI Director Ernesto de los Reyes Jr. also outlined the benefits Freya Renewables Inc.
RE Project Gets Green Lane Certificate
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