The P360-billion offshore wind project of Danish renewable energy developer Copenhagen Energy in Ilocos Norte is on track for a 2028 launch, according to the Department of Trade and Industry .
“I am looking forward to the implementation of this project, especially since CE [Copenhagen Energy] has already secured a Service Contract. They also submitted a system impact study last week, which already included the electrical design and proposals on how to bring power to the grid,” Pascual said.
The DTI said the follow-through meeting was one of the “concrete” results of the promotional activities conducted during President Marcos’ visit to Belgium last December 2022, where the BOI and CE discussed its plans to invest in the Philippines.
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