Nexif Ratch Energy Receives Green Lane Certification for Clean Energy Projects in Philippines

Nexif Ratch Energy, a prominent Independent Power Producer (IPP) specializing in clean energy, celebrated a significant achievement in sustainable development in the Philippines. The company’s projects in Camarines Sur province — a 500 MW near-shore wind project in San Miguel Bay and a 74 MWp solar project in Calabanga — were awarded the Green Lane Certificate of Endorsement by the Philippines Board of Investments (BOI).

Accelerating Clean Energy Adoption

The Green Lane Certification, endorsed under Executive Order 18, expedites the issuance of permits and licenses by national and local government agencies. This endorsement aligns with Nexif Ratch Energy and the Philippines Department of Energy’s shared vision to increase clean energy adoption to 50% by 2040 and reduce carbon emissions nationwide.

Projects Overview

The Calabanga Solar Project, nearing commissioning, and the San Miguel Bay Wind Power Project, a leading offshore wind initiative in the Philippines, are part of Nexif Ratch Energy’s portfolio exceeding 2.5 GW of solar and wind power capacity in the country.

Commitment to Sustainability

“We are pleased to support the development of the Calabanga solar project and San Miguel Wind Power Project, as they represent significant capital investments with substantial economic and environmental benefits for the Philippines,” commented Mr. Ceferino Perry S. Rodolfo, Undersecretary of the Department of Trade and Industry.

Nexif Ratch Energy Director, Matthew Bartley, affirmed, “We are excited to contribute to the Philippines’ Green Lanes for Strategic Investments Initiative. Leveraging our renewable energy expertise and BOI’s support, we aim to propel the country towards a sustainable future.”

Economic and Environmental Impact

These renewable energy initiatives are expected to enhance energy security, create job opportunities, and stimulate economic growth in the region. Cyril Dissescou, CEO of Nexif Ratch Energy, emphasized the company’s commitment to environmental stewardship and positive social impact through the deployment of clean technologies and best practices.

This milestone underscores Nexif Ratch Energy’s dedication to advancing sustainable energy solutions and supporting the Philippines’ development goals.