Greenworld Wind Power Advises PhilCarbon Inc. Sagada Wind Project Under Consideration for September Approval Oct 05, 2011
Toronto, Canada – August 31, 2011 - Greenworld Wind Power Co. Ltd. (Greenworld Wind): Deutsche Börse symbol: GWDA (www.greenworldpower.ca), advised today that on August 29, 2011, the Philippine Star reported that 7 Philippine renewable energy projects may receive approval by the Department of Energy by this September. Among those under consideration for imminent approval is PhilCarbon Inc.’s 15MW Sagada wind project in Mountain Province, in which Greenworld has a 40% interest.
The report noted that there are currently 384 applications for renewable energy projects under review, which could account for a combined 6,046.45 MW of power capacity added to the country’s national grid and generate import savings of at least $96 million yearly.
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