Pacific Impact Energy’s (PIEC) 61.551 megawatt peak (MWp) solar development in Sual, Pangasinan is moving forward after being granted Green Lane certification by the Board of Investments (BOI).

The certification, through One-Stop Action Center for Strategic Investments (OSACSI) OF BOI, makes the Capantolan Solar Power Project eligible for expedited permit processing.

“We’re actively developing clean energy projects across Southeast Asia, but the Philippines stands out as one of the most supportive environments for renewable energy investment,” James Timko, Managing Director of Pacific Impact Development, said.

“With the Green Lane framework, the Philippines offers an ecosystem for enabling infrastructure. This is exactly the kind of program we look for when scaling climate-aligned energy solutions,” he added.

The Sual solar project is expected to generate 400 jobs during construction while covering the engineering, supply, logistics, and related fields. 

“Once operational, the project will deliver clean and renewable energy (RE) to support the country’s transition to a sustainable energy future, enhance energy security, and contribute to the attainment of the Philippine RE targets,” BOI said.

Aside from the Sual project, PIEC is developing other projects such as Albay Wind Project in Ligao and Guinobatan and the Malasiqui Solar Project in Pangasinan.

“These projects collectively demonstrate PIEC’s strategic approach to building a comprehensive clean energy portfolio that will significantly contribute to the nation’s RE infrastructure,” the BoI said.

BOI noted that these efforts reflect an investment strategy that aligns with the Philippine’s transition in the energy sector while focusing on local economic development.

There are 208 other projects under the Green Lane program that have been granted certification by OSACSI on July 31. The certified projects represent PHP 5.478 trillion in investments and nearly 278,000 expected jobs nationwide, with 162 renewable energy projects worth PHP 5.02 trillion making up the bulk of the portfolio.

Do you think renewable projects like this are the key to unlocking jobs and growth in the Philippines?

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