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,...
Japan's Mitsui O.S.K. Lines (MOL) has expressed interest in supporting offshore wind (OSW) development in the Philippines. In a briefing on Thursday, Feb. 6, Yasunori Takamatsu, president of MOL Enterprise Philippines, Inc., said the company is open to transporting materials needed for OSW...
The Department of Energy (DOE) is supporting eight developers to pursue offshore wind (OSW) projects totaling nearly 17,000 megawatts (MW) set to begin construction in 2027. According to DOE data, these frontrunner projects have a potential capacity of 16,652 MW and are located in several...
The country's offshore wind industry is just lifting off, but its massive potential is already making waves – and it is poised to redefine the Philippines’ energy future. Reaching the first megawatt of offshore wind power demands more than just ambition—it demands seamless alignment of every...
The Department of Energy (DOE) is firming up a policy that will reduce the performance bond requirement for offshore wind projects to a leaner five percent, a departure from the typical 20 percent required in green energy auctions (GEA) for other renewable energy (RE) technologies. At a year-end...
The Department of Energy’s (DOE) announcement of a dedicated green energy auction (GEA) for offshore wind projects next year has serious industry players excitedly charging ahead like surfers eyeing that perfect swell into the deep sea—but are we ready to catch the big wave on these uncharted...
The Department of Energy (DOE) and the Department of Natural Resources (DENR) have partnered to speed up the exploration, utilization, and development of offshore wind projects. In a statement, the DOE said the two agencies entered into a memorandum of agreement (MOA) that allows access...
The Philippine Ports Authority (PPA) is planning to construct offshore wind (OSW) energy projects in some of strategic ports in the country—the three priority areas are Batangas, Camarines Norte and Ilocos Norte. PPA General Manager Jay Daniel Santiago said they are now coordinating with...
The joint venture of Copenhagen Energy (CE) and PetroGreen Energy Corporation as developer of the frontrunner 2.0-gigawatt (2,000 megawatts) Buhawind offshore wind farm project in Ilocos Norte is now seeing the finish line clearer for 2028, following government declarations of resolving hurdles on...
