The Board of Investments (BOI) awarded green lane certificates to Cleantech Global Renewables, Inc. (CTGRI) for five major onshore wind energy projects in Central Luzon and CALABARZON, with a total investment value of P108 billion.
BOI Investments Assistance Center executive director Bobby Fondevilla turned over the certificates of endorsement to representatives of CTGRI and its subsidiary Cleantech Renewable Energy 50 Corp. during a meeting with company officials.
The five wind power projects covered by the endorsement are the P18.29-billion Tayabas North Wind Power Project, the P22.9-billion Tayabas South Wind Power Project, the P24.10-billion Bulacan 1 Wind Power Project, the P28.79-billion Bulacan 2 Wind Power Project and the P13.95-billion Maragondon Wind Power Project.
The projects are expected to generate over 3,000 jobs and significantly contribute to the country’s renewable energy capacity.
CTGRI, a 100-percent Filipino-owned independent power producer, has been expanding its portfolio since its establishment in 2014, focusing primarily on solar and wind energy.
The company has an aggregate capacity of 650 megawatts (MW), with over 5,000 MW worth of renewable energy projects in the pipeline.
The green lane certification is part of the government’s initiative to fast-track strategic investments, particularly in renewable energy, in support of the country’s goals for sustainable development and energy security.
Through the One-Stop Action Center for Strategic Investments (OSAC-SI), the BOI will coordinate with relevant local government units to streamline the permitting and licensing process for these strategic projects.
Data showed that as of June 30, 2025, the BOI has approved 222 projects under the green lane, with a combined value of P5.74 trillion. Of these, 176 are in the renewable energy sector, followed by 31 in food security, nine in digital infrastructure and PPPs and six in manufacturing.
