Foreign investors in the renewable energy (RE) sector, especially those who applied for 100-percent foreign ownership n offshore wind (OSW) service contracts, are facing snag due to the foreshore land lease policy of the Department of Environment and Natural Resources (DENR). This investment dilemma...
Norwegian firms eye wind, solar power investments in PH By Myrna M. Velasco Norwegian companies are keenly setting their sights on offshore wind as well as floating solar farm developments in the Philippines, according to Norwegian Ambassador Christian Halaas Lyster. Apart from these flourishing...
Buhawind Energy, a joint venture of Yuchengco-led PetroGreen Energy (PGEC) and Danish firm Copenhagen Energy (CE), has kicked off evaluation of the port support facility for the development of its 2,000 megawatts of offshore wind farm (OSW) project in Ilocos Norte. The company said collaboration...
The Department of Energy (DOE) indicated that it will soon issue policy and administrative frameworks that will guide investors into navigating the tumultuous and rough waters of offshore wind (OSW) investments following strong interests for gigawatt-scale projects in the country. “We are working...
A "differentiated pricing" is being proposed on the offshore wind (OSW) technologies that shall be deployed for projects in the country to consider divergent cost calculations on tariffs for the fixed bottom and floating OSW solutions. In a briefing with the media, Pierre-Antoine Tetard, vice...
Madrid-headquartered Bluefloat Energy announced plans for gigantic 7.6-gigawatt (7,600 megawatts) offshore wind power projects in the Philippines, the biggest in its portfolio, with a target to bring the initial development onto commercial operation by the turn of the decade. In a briefing with...
The Department of Energy (DOE) is enforcing the conduct of "port capacity assessment" as one of the major requirements that offshore wind (OSW) investors have to accomplish and submit to the government as part of their applications for project-permitting. That has been one of the key stipulations...
COPENHAGEN - The final investment decision (FID) of multinational energy giant Royal Dutch Shell for its offshore wind (OSW) ventures in the Philippines will largely depend on the tariff rate that regulators will be implementing, according to a key executive of the company. In an interview, Sarah...
COPENHAGEN - The Danish government and its private sector players have expressed willingness to participate in prospective public-private partnership (PPP) as well as extending concessional loans to various sub-segments of the emerging offshore wind (OSW) industry and in energy infrastructure...
The government, through the Department of Energy (DOE), will demarcate the specific functions and responsibilities to be assumed by the national government agencies (NGAs) as well as local government units (LGUs) in hosting and on the permitting processes for offshore wind farm installations;...
COPENHAGEN – Energy Secretary Raphael P.M. Lotilla told prospective global investors eyeing the Philippine offshore wind industry that the Department of Environment and Natural Resources (DENR) will soon be issuing the "regulatory framework" for the approval of environmental clearance for offshore...
COPENHAGEN – The Subic Bay Metropolitan Authority (SBMA) is planning to craft a policy that will hasten the entry of investor-proponent on the re-purposing of port infrastructure facility that will service offshore wind (OSW) investments in the Philippines. SBMA has been part of the Philippine...
