Shanghai Electric Wind Power Group representatives have announced their plans to build a wind farm in Bohol.
The company has expressed its desire to establish the wind power plant “as soon as possible” and has a great interest in making it happen.
The province needs additional electricity supply, so the company’s entry is welcome, said a statement of the Capitol.
The government is also ready to accept other investments in the power sector, especially in renewable energy.
This is a great opportunity for Bohol to increase its renewable energy capacity and reduce its dependence on fossil fuels, Gov. Aris Aumentado said during a recent meeting with Chinese investors.
The wind farm will help the province meet its energy needs while reducing its carbon footprint, the governor said.
The Shanghai Electric Wind Power Group is a leading renewable energy company that has built wind farms in many countries around the world.
The company’s expertise and experience will be invaluable in building the wind farm in Bohol.
The project is expected to create jobs and boost the local economy.
It will also help the province achieve its goal of becoming a leader in renewable energy in the Philippines.
This investment is a positive step towards a more sustainable future for Bohol and the Philippines as a whole, the Capitol said.
Bohol Capitol hoped that other companies will follow the example of Shanghai Electric Wind Power Group and invest in renewable energy in the country.