H&WB Corp announced that they were planning to build power plants that could supply 3000MW of power to the national grid by 2018. The energy according to them will be sourced from hydropower and underwater current which means that it will be hydro electric based.
The scheduled power build up is 1000 MW by the 1st quarter of 2012 till 2015. Another 500MW by 2017 with the remaining 1500 MW balance by 2018. This however will still be dictated by the power requirements of the country come 2015.
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Energy Development Corp. (EDC) announced that they recently got the approval of the Dept of Energy for their wind farm projects in the Philippines paving the way for their construction. 


