Incentives approved for P4.1-B solar project

The Board of Investments (BoI) has approved a P 4.15-billion solar power project that is expected to boost the country’s supply of renewable energy, the Trade department said.

In a statement on Wednesday, the department said Pilipinas Newton Energy Corp.’s project in San Miguel, Pangasinan, had qualified for incentives under the Investment Priorities Plan’s special laws list.