20 May 2013
MANILA (AFP)-The Philippines has approved three wind farm projects that will generate 208MW, enough to power more than 40,000 middle-class homes, an energy official said on Monday. The wind projects will be the first to benefit from an incentive scheme that aims to ensure half the country's energy comes from renewable sources by 2030, compared with about 39% currently, the official said.The three projects are due to be operational by early 2015, said Mr Mario Marasigan, the energy department's renewable energy bureau chief. "We approved their declarations of commerciality. They (guaranteed) to us that they are viable under the rate of 8.53 pesos (26 Singapore¢) per kW hour", he told Agence France-Presse.
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