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P7.5-B RE project gets green lane certificate

THE Board of Investments (BoI) has awarded a Green Lane Certificate for a renewable energy project amounting to P7.5 billion.

Freya Renewables Inc., a subsidiary of Spain-based Acciona Energia, received the service to streamline the approval process of its Daanbantayan Solar Power Project in Cebu. The company was also involved in the development of more than 400 megawatts (MW) of clean energy.