Danish fund manager Copenhagen Infrastructure Partners (CIP) will build a $3-billion offshore wind farm project in Camarines Sur, Malacañang announced. The Palace said it will be the company 's first offshore wind development project in Southeast Asia. The deal was announced after President...
Melbourne, Australia—After the 5th green energy auction (GEA) for 3.3 gigawatts of offshore wind wraps up this year, the Department of Energy (DOE) is gearing up to launch at least four more renewable energy (RE) capacity tenders so it can open wider doors of opportunity for interested local and...
Melbourne, Australia – What does it take for us to disrupt the wind stream in our oceans, especially when so many projects in major markets are delayed, renegotiated, or scrapped before they even set sail? That’s the formidable puzzle that steered debates at the recently concluded APAC Wind...
Melbourne, Australia – The Philippines’ commitment to offshore wind is about to face its ultimate test. In the coming months, the country’s green energy auction (GEA) for this technology will kick off, separating the “brave soul investors” from those who will quit before the competition...
The Department of Energy (DOE) is delaying the country’s first-ever renewable energy auction dedicated to offshore wind to the fourth quarter, as the agency works to address stakeholders’ concerns on a new provision embodied in the proposed terms of reference (TOR). From the previously slated...
The Department of Energy (DOE) said there is significant interest from private port developers in establishing facilities for incoming offshore wind (OSW) projects under the fifth round of the Green Energy Auction (GEA-5). Energy Assistant Secretary Mylene Capongcol told reporters that the success...
The Department of Energy (DOE) is urging renewable energy (RE) developers to submit their infrastructure plans early for the fifth Green Energy Auction (GEA-5). In a statement on Tuesday, July 1, the DOE said the early submission aims to facilitate inter-agency coordination and minimize the risk of...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...
Offshore wind investors from Spain, the United Kingdom, as well as other European countries are already storming out of the door when it comes to their targeted investments in the Philippines’ offshore wind sector, a highly placed source has affirmed. The source conveyed that “many European...
The Department of Energy (DOE) announced that the Atlantic, Gulf & Pacific Co. of Manila Inc. (AG&P) is ready to help the Philippines in its pursuit of offshore wind (OSW) developments. In a statement on Wednesday, June 4, the DOE shared that AG&P would support the country’s port infrastructure,...
Yuchengco-led PetroEnergy Resources Corp. (PERC) announced that the Northern Luzon offshore wind (OSW) in Ilocos Norte has been granted a pre-development environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR). In a disclosure to the Philippine...
The Global Wind Energy Council (GWEC), an international wind industry association, has identified the Philippines as one of the top markets to watch for wind energy growth. In its 2025 Global Wind Report, GWEC noted that Asia-Pacific (APAC) countries, including the Philippines, Japan, South Korea,...
