ACEN unit allots P34.5B for 247-MW Banahaw Wind project - BusinessWorld Online

ACEN unit allots P34.5B for 247-MW Banahaw Wind project - BusinessWorld Online

GIGAWIND4, INC., an ACEN Corp. unit, is earmarking P34.5 billion for a wind power project in Tayabas, Quezon, with a planned capacity of 247 megawatts (MW). “In the pursuit of a sustainable and low-carbon future, the proposal for the 247-MW wind farm represents a strategic initiative,” GigaWind4 said in its filing with the Department of Environment and Natural Resources. “It aligns with the national trajectory towards renewable energy, addresses…