THE Development Bank of the Philippines (DBP) has approved P660-million in funding support for the development of the 4.6MW Dupinga Mini Hydropower Project in Gabaldon, Nueva Ecija in line with its thrust to support new and renewable energy sources, a top official said.

'The funding support for the Dupinga Project is yet another contribution by the DBP in helping achieve the government's goal of 30 percent renewable energy share in the country's total energy mix by 2030,' DBP President and Chief Executive Officer Emmanuel Herbosa said.