‘In June 2008, NorthWind added five more turbines, raising the wind farm’s capacity to 33 MW, enabling the company to provide half the province’s power needs.
Mr. Jacobsen attributes NorthWind’s success to a combination of three factors: right timing (NorthWind started the project when wind turbines were cheaper), right financing, and support from the World Bank through its Prototype Carbon Fund (PCF), which enabled NorthWind to generate more resources through the sale of “carbon emission reduction credits” under the Clean Development Mechanism (CDM) of the Kyoto Protocol.’
via Philippines – WB’s Carbon Finance: No Tilting at Windmills.