German firm to invest in PH renewable energy

By Catherine S. Valente

Mar 15, 2024 12:07 am

BERLIN: Leading German wind and solar farm developer wpd GmbH has committed to invest P392.4 billion in the Philippine renewable energy sector, Malacañang said on Wednesday.

Presidential Communications Secretary Cheloy Garafil said the pledge was made during the meeting between President Ferdinand Marcos Jr. and wpd GmbH officials led by Chief Finance Officer Björn Nullmeyer in Berlin on Tuesday.

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