German Company wpd Invests P392.4B in Offshore Wind Farms in the Philippines

Good news, Philippines! German renewable energy firm wpd is investing P392.4 billion to build offshore wind farms in Cavite, Negros Occidental, and Guimaras. The company operates in 28 countries with over 2,400 wind turbines and a total output of 5,150 MW. The project is the biggest undertaking approved by the Board of Investments in Q1 2023. This development, alongside other renewable energy investments in the Philippines, will help the country achieve its sustainable development goals. #RenewableEnergy #Sustainability #GoodNewsPilipinas