A First for the Philippines: DOE Confirms Commerciality for Three Offshore Wind Power Projects

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A First for the Philippines: DOE Confirms Commerciality for Three Offshore Wind Power Projects
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In a groundbreaking development for renewable energy in the Philippines, three offshore wind power projects with a total target capacity of 1,650

October 14, 2024, 9:48 pmthree offshore wind power projectshave reached a significant development milestone. These projects have been awarded their , marking a pivotal step towards a greener future.

These three projects, all using fixed-bottom foundations, are trailblazers in the Philippines’ offshore wind energy sector. They were the first batch to secure , awarded between 2020 and 2021, and are now also the first projects in the young Philippine Offshore Wind Industry to successfully complete the pre-development phase and to receive the CoCoC from the Department of Energy.

“It has been a long journey to reach this developmental milestone, but the hard work continues as we aim to implement these strategic energy investments as soon as realistically possible.” noted. “We thank the DOE and the BOI for their much-valued guidance and cooperation.

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