3,300 MW wind capacity eyed under new green power auction

3,300 MW wind capacity eyed under new green power auction

MANILA, Philippines — The government’s goal of logging the first kilowatt from offshore wind capacity may come to reality with the rollout of the fifth round of the green energy auction (GEA). The Department of Energy said the fresh round of GEA would offer 3,300 megawatts of capacity, with the delivery set from 2028 to 2030. According to the agency, the GEA-5 would focus on the fixed-bottom offshore wind because of its “established global track…

DOE launches 5th green energy auction, focuses on fixed-bottom offshore wind

The Department of Energy (DOE) is set to launch the fifth Green Energy Auction (GEA-5), which will specifically offer fixed-bottom offshore wind (OSW) technology.In a statement on Wednesday, June 11, the DOE announced the auction targets an installation capacity of 3,300 megawatts (MW), or approximately 3 gigawatts (GW), with delivery expected to commence between 2028 and 2030.The DOE explained its prioritization of fixed-bottom offshore wind is…

Philippines launches 3.3GW offshore wind round

Xodus The Department of Energy of the Philippines has launched its Fifth Green Energy Auction, looking to secure 3.3GW of fixed-bottom offshore wind capacity with delivery slated between 2028 and 2030. This will be the first round to focus solely on fixed-bottom offshore wind technology. The DOE chose fixed-bottom offshore wind due to its established track record, cost-efficiency, and scalability. However, DOE undersecretary Rowena Cristina Gue…