The Philippines, opening up three wind power project hopes to attract investment
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Reported on August 9, the Philippine Department of Energy, said he hoped to attract 187 billion pesos for the development of potential wind power project, generating capacity will reach 2 million kilowatts. 171 billion pesos for the 1.897 million kilowatts projects in Luzon, 15.6 billion pesos for the Visayas island of 173,000 kilowatts, to 1.35 billion pesos for 15,000 kilowatts projects in Mindanao.
Month in the Philippines on wind power electricity price of 8.53 pesos / kWh, below the industry hope 10.37 pesos / kWh, wind power developers are adjusted accordingly to plan. According to the 2001 U.S. National Renewable Energy Laboratory report, the Philippine wind energy potential of 76.6 million kilowatts.