Awarded Green Lane status, the Pakil Pumped Storage Power Project in Laguna and the Wawa Pumped Storage Power Project in Rizal are poised to enhance the nation's power supply reliability and contribute to its climate goals.
Finance Secretary Ralph G. Recto praised the initiatives for aligning with sustainability priorities, spotlighting the government's drive to attract renewable energy investments.
Set to operate by 2030, these projects underline the Philippines' ambition to significantly boost its renewable energy mix, supporting broader economic prosperity and environmental stewardship.
