The Philippines has the potential to install 21 gigawatts (GW) of offshore wind power, based on the new roadmap released by the Department of Energy (DOE) and the World Bank Group (WBG).
The Philippines has the potential to install 21 gigawatts of offshore wind power, based on the new roadmap released by the Department of Energy and the World Bank Group .
The roadmap is one of a series of offshore wind roadmap studies commissioned by the WBG under the joint Energy Sector Management Assistance Program-International Finance Corp. Offshore Wind Development Program. “The Philippines has a rapidly growing demand for power. It is clear from this roadmap that offshore wind can play a major role in meeting our country’s energy demand indigenously, while also accelerating decarbonization,” said Energy Secretary Alfonso G. Cusi.
During the launch of the roadmap, Energy Undersecretary Felix William Fuentebella said the agency has received numerous interests and applications in offshore wind from the private sector, with awarded wind energy service contracts equivalent to more than 14,000 MW capacity as of February this year.
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