CleanTechnica•about 1 month ago
First Fixed-Bottom Offshore Wind Project Auctions In The Philippines Secured
Key Takeaway
The Philippines is opening a significant new market for fixed-bottom offshore wind development, creating concrete opportunities for developers and a new long-term energy supply for large consumers.
AI Summary
- •The Philippines has made a strong commitment to establishing a commercial offshore wind (OSW) industry, as highlighted at the 2025 APAC Wind Energy Summit.
- •The country has successfully secured its first fixed-bottom offshore wind project auctions through the Green Energy Auction Program Round 5 (GEA-5).
- •This breakthrough confirms the establishment of a national pipeline for OSW projects, signaling new development opportunities for Independent Power Producers (IPPs) and future supply for large power consumers.
Topics
financinginterconnectpolicyppawind
Article Content
At the 2025 APAC Wind Energy Summit of the Global Wind Energy Council (GWEC) last September, the Philippines made its strongest commitment yet to building a commercial offshore wind industry (OSW). This month, a breakthrough Green Energy Auction Program Round 5 (GEA-5) confirms that the country’s national pipeline is set ... [continued] The post First Fixed-Bottom Offshore Wind Project Auctions In The Philippines Secured appeared first on CleanTechnica .