DOE Signs Two Onshore Wind Contracts with a 100% Foreign-Owned Company

In a significant step toward liberalizing the Philippine renewable energy sector, the DOE has signed two onshore wind contracts with a 100% foreign-owned company. This marks a shift in government policy, allowing greater foreign investment in renewable energy projects. The initiative is expected to boost local employment, transfer technological expertise, and increase the country’s wind energy capacity.

Link: https://doe.gov.ph/press-releases/doe-signs-2-onshore-wind-contracts-100-percent-foreign-owned-company