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LANDBANK Approves P800-M Loan for Palawan Microgrid Projects
The Land Bank of the Philippines (LANDBANK) has approved an P800-million financing package for Archipelago Renewables Corp. (ARC), which aims to develop hybrid renewable energy microgrids in Palawan, promising stable power for underserved areas.
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- Landbank OKs P800 million for Palawan microgrids
The state-run Land Bank of the Philippines has approved an P800-million financing facility for Archipelago Renewables Corp. (ARC) to build renewable energy microgrids in 14 unserved barangays in Palawan, expanding clean energy access to over 7,100 households.