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Renewables & cleantech

Coro Energy gets endorsement for Philippines-based 100MW wind project

AIM-listed company will file application for a wind energy service contract by November 20222

Coro Energy, the South East Asian energy company with natural gas and clean energy portfolio, has been endorsed by the Philippines Department of Energy for its first 100MW wind project.

The company's proposed area of interest (AOI) for its onshore Oslob Wind Power Project in Oslob, Cebu, which covers a 4,617-hectare area, is now authorised to proceed with the filing of a wind energy service contract application.

The endorsement is a critical gateway to initiating the formal permitting process and enabling the installation of a metalogical mast for the further collection of wind data.

The company expects to file the application for a wind energy service contract, which reserves the AOI, to the Philippines Department of Energy prior to the end of November 2022.

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