Seeing how the Philippines’ natural resources are under-utilized, the Italian Government has recently signed a merger on creating a wind power project in windy Oriental Mindoro last May 30. the 48-megawatt project, with an estimated cost of P2 billion Philippine Pesos, is the largest renewable energy (RE) project seen in the sustainable energy forward island.
Italy’s ambassador, Luca Fornari, hopes that this project will be the first among many RE endeavours that the Philippines can tap into. Citing the abundant resources the Southeast Asian country has, focusing the funds into projects such as these can create a cleaner and manageable future for all concerned. As dubbed by Oriental Mindoro’s 1st District Congressman Rodolfo G. Valencia, Italy’s contribution will allow the province as the “power basket of the Philippines.
The wind power project will be managed by the Philippine Hybrid Energy Systems Inc. It is foreseen that once the plant is up and running, electrical consumption can be lowered in the province to as low as P6.50 per kilowatt. This move will further help improve the image that the country has, which is of having the highest electrical bill in the Asian region.