Chinese firm Sunnew Subic $75-million wind energy in Philippines

Chinese firm Sunnew Subic Investments Ltd. is investing $75 million for the construction of 50-megawatt wind energy projects in Subic Bay Freeport bringing Subic’s the total investments to $185.9 million, which is more than double the $92.18 million approved projects in the first half last year.

Subic Bay Metropolitan Authority (SBMA) administrator Armand C. Arreza said Sunnew-Subic has proposed to construct 25 wind turbines on a 50,000 square meter each in Mt. Sta. Rita and the Redondo Peninsula sites.

“Once completed, these wind turbines will make Subic the country’s first economic zone to have a renewable energy facility,” Arreza said.

The wind power project will produce about 50 megawatts of power by 2012, and will initially employ 103 workers.