MAKATI CITY— The Board of Investments (BOI) has granted Green Lane Certificates to Cleantech Global Renewables, Inc. (CTGRI) for its five onshore wind energy projects located across the Central Luzon and CALABARZON regions.
BOI Investments Assistance Center Executive Director Atty. Bobby G. Fondevilla formally handed over the Certificates of Endorsement to representatives of Cleantech Global Renewables, Inc. and its subsidiary, Cleantech Renewable Energy 50 Corp., following a brief meeting with company officials.
The five projects have a combined investment of P108 billion. Specifically, the estimated project costs are as follows: P18.29 billion for the 144 megawatts (MW) Tayabas North Wind Power Project, P22.9 billion for the Tayabas South Wind Power Project, P24.10 billion for the 187.2 MW Bulacan 1 Wind Power Project, P28.79 billion for the 237.6 MW Bulacan 2 Wind Power Project, and P13.95 billion for the 86.4 MW Maragondon Wind Power Project.
The wind power projects are expected to generate more than 3,000 jobs for Filipinos. CTGRI is one of the fastest-growing 100% Filipino-owned independent power producers and renewable energy developers in the Philippines.
Since its establishment in 2014, the company has focused on developing a portfolio of clean energy projects primarily in solar and wind technologies in the Philippines.
To date, CTGRI has an aggregate capacity of 650 MW of solar plants either in operation or under construction.
In addition, CTGRI has over 5,000 MW worth of renewable energy projects at various stages of development, as it aims to be one of the country’s top renewable energy operators.
The Green Lane certification is part of the government’s initiative to streamline and fast-track strategic investments in the renewable energy sector, in line with the country’s commitment to sustainable development and energy security.
Moreover, the Green Lane aims to expedite and simplify permitting and licensing processes for strategic investments, thereby driving economic growth and innovation in the Philippines.
The One-Stop Action Center for Strategic Investments (OSAC-SI) shall coordinate with the relevant local government units (LGUs) to personally endorse these projects for Green Lane services. This proactive approach will expedite and streamline the permitting process for projects identified as Strategic Investments.
As of June 30, 2025, a total of 222 projects were approved for the Green Lane, with a total project cost of Php5.748 trillion. Of these, 176 are in the renewable energy sector, 31 in food security, nine in digital infrastructure and public-private partnerships (PPP), and six in manufacturing. PR