Nexif Ratch Energy: Certified for Green Energy Projects in Philippines.

By Oliver Townsend Jul 1, 2024
Nexif Ratch Energy Receives Green Lane Certification for Clean Energy Projects in Philippines.pngOrginal image from: https://solarquarter.com/2024/07/01/nexif-ratch-energy-receives-green-lane-certification-for-clean-energy-projects-in-philippines/

Nexif Ratch Energy, a leading Independent Power Producer (IPP) specializing in clean energy, has achieved a significant milestone in the sustainable development sector of the Philippines. The company’s projects in Camarines Sur province have been recognized with the prestigious Green Lane Certificate of Endorsement from the Philippines Board of Investments (BOI). This certification highlights Nexif Ratch Energy’s commitment to accelerating clean energy adoption in the country and reducing carbon emissions to meet ambitious targets by 2040.

The Green Lane Certification: A Game-Changer for Clean Energy Projects

The Green Lane Certification, granted under Executive Order 18, streamlines the permit and licensing process for national and local government agencies. This endorsement not only facilitates project implementation but also aligns with Nexif Ratch Energy and the Philippines Department of Energy’s shared goal of increasing clean energy adoption to 50% by 2040. The projects in focus include a 500 MW near-shore wind project in San Miguel Bay and a 74 MWp solar project in Calabanga, both contributing significantly to the country’s renewable energy capacity.

Driving Economic Growth and Environmental Sustainability

The Calabanga Solar Project and the San Miguel Bay Wind Power Project are integral parts of Nexif Ratch Energy’s extensive portfolio, exceeding 2.5 GW of solar and wind power capacity in the Philippines. These projects not only enhance energy security but also create employment opportunities and stimulate economic growth in the region. Cyril Dissescou, CEO of Nexif Ratch Energy, emphasizes the company’s commitment to environmental stewardship and social impact through the deployment of clean energy technologies and sustainable practices.

Commitment to Sustainable Development

The endorsement of the Green Lane Certificate of Endorsement underscores Nexif Ratch Energy’s dedication to advancing sustainable energy solutions and supporting the Philippines’ development objectives. By leveraging their expertise in renewable energy and collaborating with government initiatives like the Green Lanes for Strategic Investments, Nexif Ratch Energy aims to propel the country towards a greener and more sustainable future. The company’s focus on economic growth, environmental impact, and social responsibility sets a benchmark for clean energy projects in the Philippines.

Conclusion

Nexif Ratch Energy’s receipt of the Green Lane Certification for their clean energy projects in the Philippines marks a significant achievement in the country’s transition towards a more sustainable energy landscape. By accelerating the adoption of clean energy technologies and driving economic growth through renewable energy initiatives, Nexif Ratch Energy sets a precedent for the industry. This milestone not only highlights the company’s commitment to environmental sustainability but also underscores their contribution to the Philippines’ energy goals and development objectives.

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