The P360-billion offshore wind project of Danish renewable energy (RE) developer Copenhagen Energy in Ilocos Norte is on track for a 2028 launch, according to the Department of Trade and Industry (DTI). Know more:
The P360-billion offshore wind project of Danish renewable energy developer Copenhagen Energy in Ilocos Norte is on track for a 2028 launch, according to the Department of Trade and Industry .
“I am looking forward to the implementation of this project, especially since CE [Copenhagen Energy] has already secured a Service Contract. They also submitted a system impact study last week, which already included the electrical design and proposals on how to bring power to the grid,” Pascual said.
The DTI said the follow-through meeting was one of the “concrete” results of the promotional activities conducted during President Marcos’ visit to Belgium last December 2022, where the BOI and CE discussed its plans to invest in the Philippines.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
P360 billion Ilocos Norte offshore wind project on track –BOIThe plan of Danish renewable energy developer Copenhagen Energy A/S (CE) to put up a P360-billion or roughly €6 billion (P360 billion) offshore wind project in Ilocos Norte was on track to be in operation in the next five years, the Board of Investments (BOI) said Tuesday.
Read more »
DTI weighs ban or tax on raw nickel exportsTo develop the local nickel industry and participate in the electric vehicle battery supply chain, the Department of Trade and Industry (DTI) is considering a tax or ban on raw nickel exports.
Read more »
DTI bats for free trade deals with UAE, India - BusinessWorld OnlineTHE Department of Trade and Industry (DTI) said the Philippines need to expand its free trade agreement (FTA) network, identifying the United Arab Emirates (UAE) and India as potential partners. “With the UAE we just basically launched the manifestation, the intent to embark on a comprehensive economic partnership. The next step is for us to […]
Read more »
DTI: No new SRP yet on basic goodsAmid rising prices of goods, the Department of Trade and Industry (DTI) said they are still studying petitions by manufacturers for price increase on basic necessities and prime commodities (BNPCs) to balance the interest of business and consumers.
Read more »
Senator asks DTI to help BPO workers keep up with AI evolution - BusinessWorld OnlineA SENATOR has asked the Department of Trade and Industry (DTI) to take measures that will help business process outsourcing (BPO) workers keep pace with rapid advancements in artificial intelligence (AI), which threaten the role of human resources in the industry. “If this industry gets into trouble, then dollars become scarce, they become more expensive, […]
Read more »
DTI mentors 762 MSMEs for international, local expositions | Manuel CayonDAVAO CITY—More than 700 local upstarts and small businesses have conquered hesitance and jitters to enter the international and national exposition of products to contribute to multibillion-peso earning for the region, including negotiated sales. The regional Department of Trade and Industry (DTI) said the participation of the small businesses and…
Read more »