More wind power investments seen contributing $1.1 B to economy
MANILA, Philippines — The Philippines is poised to add $1.1 billion of gross value to its economy if it completes over 1,650 megawatts (MW) of wind power projects until 2026, according to a new report from the Brussels-based Global Wind Energy Council (GWEC) released on Thursday.
As of end-2021, the country’s installed capacity of wind projects stands at 442.90 MW, according to statistics from the Energy department.