Philippine BOI clears PHP2 billion solar project in Luzon

The Philippine Board of Investments (BOI) has approved development plans for a PHP2 billion Naga Solar Power Plant Projectin Luzon.

BOI has approved the application for registration ofPAVI Green Renewable Energy Incorporated as a renewable energy developer for the project. The facility is scheduled to commence commercial operations in February 2024. The project will include the deployment of mono-crystalline solar panels and string inverters. The project is part of the government of Philippines’ plan of having about 81.5 GW of renewable power plants in operation by 2040.


Enter your email address