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Offshore wind auction on track for this year
Business World Philippines
|August 15, 2025
THE Department of Energy (DoE) said the fifth round of the green energy auction (GEA-5) this year, which is dedicated to offshore wind, will keep the industry on track to start generating power by 2028.
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“It is on track. The auction will be conducted within the year,” Energy Secretary Sharon S. Garin said on the sidelines of a forum organized by the American Chamber of Commerce of the Philippines, Inc. on Thursday.
GEA-5 focuses on fixed-bottom offshore wind technology, with an installation target of 3.3 gigawatts (GW) and a delivery commencement period of 2028 to 2030.
Dit verhaal komt uit de August 15, 2025-editie van Business World Philippines.
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