New RE player eyes P190-B offshore wind in Camarines Sur - BusinessWorld Online

New RE player eyes P190-B offshore wind in Camarines Sur - BusinessWorld Online

RENEWABLE ENERGY (RE) developer ACX3 Capital Holdings, Inc. is proposing to build a 500-megawatt (MW) offshore wind farm in San Miguel Bay, Camarines Sur, in Bicol Region, with an estimated cost of P189.5 billion. In its filing with the Department of Environment and Natural Resources, the company said the national grid is expected to receive power from the project, which targets commercial operations by 2030. The proposed wind farm will occupy 6…