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12 GEA-3 winning bidders named
Manila Bulletin
|June 11 2025
The Department of Energy (DOE) has announced 12 potential winning bidders for its third Green Energy Auction (GEA-3), which offers contracts for hydropower, pumped-storage hydropower, and geothermal energy.
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In a notice of award posted on its website on Monday, June 9, the DOE listed two developers for impounding hydropower, seven for pumped-storage hydro, and three geothermal developers for GEA-3.
For the impounding hydropower category, the Gened 1 and 2 hydroelectric power projects won the bid, each with an offered capacity of 150 megawatts (MW).
This story is from the June 11 2025 edition of Manila Bulletin.
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