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Approved investments from foreign sources at the Board of Investments (BOI) posted a significant increase in the first five months of the year. Department
Madrid-based BlueFloat Energy plans to put up 7.6 gigawatts of offshore wind capacity in the Philippines, which will require investments of as much as $38 billion.
Spain's Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy.