Triconti brings in new partner for offshore wind projects


At a glance

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Filipino-European firm Triconti Windkraft Group has brought in Liechtenstein-headquartered 
Sea Wind Holding AG as its new partner to help advance its 1,500 megawatts of offshore wind (OSW) farm developments into commercial fruition.

“Seawind joins the consortium to fast track the development of two highly anticipated offshore wind projects — “Frontera” outside Manila Bay bordering the provinces of Cavite and Bataan, and “Guimaras Strait”, along the shores of Negros Occidental,” Triconti has announced in its statement to the media.

The current race in the OSW sector treads around the players that have been positioning to reach the finish line ahead of competitors – with some sponsor-firms already prepping for start of commercial operations by 2028; while the rest are opting for a more conservative timeline of 2030.

The two projects of Triconti are considered ‘first mover developments’ in the country’s nascent OSW sector; and the company itself is undoubtedly a pioneer in the industry.

When these renewable energy facilities would already reach completion and commercial operations, Triconti indicated that at least one million Filipino homes would gain additional supply that will be coming from clean energy technologies.

According to Lila Rosenberger, chief executive of Triconti Windkraft “this partnership leverages Seawind‘s extensive know-how and experience in offshore wind development in Europe with Triconti’s deep local knowledge and strong network in the country.”

And given the government-underpinned target of ramping up offshore wind capacity in the country at a scale that will reach 50,000 megawatts by 2050, Rosenberger noted that the sector “has the potential to create thousands of highly skilled jobs for Filipinos and build a new local industry.”

Sea Wind Holding Chairman Fritz Kaiser likewise conveyed that “through our investments in renewable energy in the Philippines, we are supporting the Philippine government in achieving its goals of reducing dependence on fossil fuels, strengthening local economies, and 
thus contributing to the energy security and energy independence of local regions.”

This new partner’s experience had been widely concentrated in the implementation stage of offshore wind farm projects, primarily across multiple markets in Europe.

Additionally, Stefan Simon, who is the CEO of Stream Invest Holding AG as the joint venture partner of Triconti, has cited the strong support that the Philippine government has been extending to speed up the development of offshore wind generating facilities in the country.

Along that line, he primarily specified the Department of Energy’s (DOE) determined effort to build on “international best practices” as it props the offshore wind industry for a flourishing take-off.