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Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
Home » Nexif Ratch Energy Receives Recognition for Wind Projects
Wind Energy

Nexif Ratch Energy Receives Recognition for Wind Projects

Lakshita KapoorBy Lakshita KapoorDecember 17, 2024No Comments
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New Wind Power for Pangasinan Planned by Citicore
New Wind Power for Pangasinan Planned by Citicore
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Nexif Ratch Energy announced that its San Miguel Bay Wind Project has received the Certificate of Energy Project of National Significance (CEPNS) from the Philippines‘ Department of Energy. The certificate allows the 500-megawatt (MW) offshore wind project to fast-track regulatory approvals. It will streamline coordination between government agencies and local government units (LGUs). The project is located in San Miguel Bay, Camarines Sur.

In addition to this, the company’s Lucena Wind Power Project, a 475 MW offshore wind development in Quezon Province, has been awarded the Green Lane Certificate. The certificate was granted by the Board of Investments and classifies the project as a Strategic Investment. This status helps speed up the process of securing permits and licenses through national agencies and LGUs.

The San Miguel Bay Wind Project had also received the Green Lane Certificate earlier in June 2024. Nexif Ratch Energy stated that its renewable energy pipeline in the Philippines currently stands at 2.5 gigawatts (GW). Out of this total, 219 MW is already operational or under construction.

Both projects reflect efforts to advance offshore wind power as part of the Philippines’ energy plans. The CEPNS and Green Lane designations aim to reduce delays and facilitate development processes for major energy investments.

Additionally, two other recently approved wind projects in the Philippines include the Guimaras Strait Wind Project, with an installed capacity of 600 MW, and the Ilocos Norte Wind Project, which has a capacity of 200 MW.

Asia Government approval Nexif Ratch Energy Philippines Wind projects
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