Philippines fast-tracks offshore wind, solar project.

Nexif Ratch Energy, a renewable energy developer based in Singapore, has received "green lane" certifications for two of its projects in the Philippines. The certifications, awarded by the Philippines Board of Investments, fast-track the permitting and licensing processes for an offshore wind project in Camarines Sur and a solar project in Calabanga. The Calabanga solar project is nearing completion, while the Camarines Sur offshore wind project is part of Nexif's larger portfolio of over 2.5GW of wind and solar projects in the country. Nexif Ratch Energy is a joint venture between Nexif Energy and Ratch Group, with a portfolio of over 6GW of renewable energy projects across Southeast Asia and Australia. [Extracted from the article]