P75-B solar, wind projects get green lane nods

Various renewable energy projects, namely solar and wind, of Vena Energy gained Green Lane Certificates of Endorsement from the Board of Investments-One-Stop Action Center for Strategic Investments.

According to Trade Undersecretary and BoI managing head Ceferino Rodolfo, the certificates were awarded to Opus Solar Energy Corp., Gemini Wind Energy Corp., and Ixus Solar Energy Corp., special purpose vehicles of Vena Energy, on 22 February.

In particular, the Green Lane Certificates were awarded for the following projects: the 416.025 MWp/318.750 MWac Opus Solar Power project of Opus Solar Energy Corp., the 200 MW Gemini Wind Power Project of Gemini Wind Energy Corp., the 301.392 MWp Aguilar Solar Power Project, and the 473.616 MW Ixus Bugallon Solar Power Project, both of Ixus Solar Energy Corp.

With a combined investment of approximately P75 billion, the said projects will be developed across Luzon and Visayas, creating up to 8,000 direct job opportunities during their construction, commissioning, operation, and maintenance.

According to Vena Energy, a leading renewable energy provider in the Asia-Pacific, they are committed to accelerating the transition to sustainable and affordable green energy while delivering long-term economic, social, and environmental benefits to host communities and stakeholders.

Vena Energy’s diverse renewable energy portfolio includes 43 GW of onshore wind, solar, and offshore wind projects, alongside a green infrastructure pipeline comprising 24 GWh of battery energy storage systems, 620 MW of data centers, and 840 MTPA of green hydrogen and ammonia production.

With over 1,000 employees across 87 corporate and site offices globally, the company is dedicated to driving the widespread adoption of low-carbon energy solutions.

The awarded projects are among the 184 strategic investments endorsed by OSAC-SI under the Green Lane Services, totaling P4.614 trillion as of 19 February 2025.

Of these, 149 projects worth P4.211 trillion fall under the renewable energy sector.