European Investment Bank Keen on Supporting Key Development Projects in the Philippines
European multilateral financial institution, European Investment Bank (EIB), expressed its interest to participate in key development projects in the Philippines. The EIB is jointly owned by the EU states mandated to provide funding for projects within and outside the...
Spanish Offshore Wind Developer to Locate its Largest Wind Energy Project in the Philippines
Madrid-based offshore wind developer BlueFloat Energy announced that its largest planned offshore wind energy project will be located in the Philippines, with a capacity of 7.6 gigawatts (GW) which will be divided into four sites with capacities between 1.5 and 3.5...
ADB Approves USD 1 Billion Loan for Davao City’s Electric Bus Fleet Project
The Asian Development Bank (ADB) has greenlit a momentous USD 1 billion loan to support the implementation of a city-wide public transport initiative in Davao City. As the first project of its kind in the Philippines to deploy electric bus fleets on a large scale, the...