BuhaWind Energy Philippines’ Post

We're pleased to announce that Corio’s offshore wind projects in the Philippines have received green lane certification from the Philippine Board of Investments. The Philippines aims to achieve 35% renewable energy in its generation mix by 2030. "We greatly appreciate the government’s support for renewable energy, particularly offshore wind. These green lane certifications are crucial for our project development and efforts in helping the country reach its decarbonisation targets," says Alma Roxas-Aguila, Corio's Development Director for the Philippines. This means our projects in Cavite and Guimaras will benefit from expedited processing of permits and licenses. In the Philippines, Corio plans to develop up to five projects, totalling 3 gigawatts (GW) of offshore wind capacity. Pictured: (Left) Industry Development and Trade Undersecretary and Board of Investments Managing Head Ceferino S. Rodolfo, (Right) Corio’s Development Director of the Philippines, Alma Roxas-Aguila. Read more about our projects in the Philippines: https://lnkd.in/eTKQQiUz #offshorewind #Philippines

𝗕𝗹𝘂𝗲𝗙𝗹𝗼𝗮𝘁 𝗘𝗻𝗲𝗿𝗴𝘆 𝗘𝘆𝗲𝘀 𝗚𝗿𝗼𝘄𝘁𝗵 𝗠𝗮𝗿𝗸𝗲𝘁 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀 𝘄𝗶𝘁𝗵 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗪𝗶𝗻𝗱 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 Spanish company BlueFloat Energy sees significant potential in the Philippines' nascent offshore wind industry and aims to contribute to the country's green transition and economic growth. CEO Carlos Martin highlights the Philippines as a key growth market and potential offshore wind fabrication hub for the APAC region, emphasising the creation of new power generation, which is essential for the country's fast economic growth. This development promises numerous job opportunities in construction, operations, and grid upgrades, making the Philippines a competitive player in the renewable energy sector. Read more: https://lnkd.in/gBGtwrpi If you are interested to discuss any opportunities within the power and new energies sector, please reach out to our specialist consultants Fakhri Amin, Shadhanand Prem Kumar, Terence Leong or Geraldine Ong Also, make sure to follow us and stay tuned for more updates on job opportunities! For more information about our company, visit us at: www.aurora-talent.com #AuroraTalent #ConnectingIndustryExperts #RenewableEnergyNews #Energy #Philippines #APAC #Renewable #BlueFloatEnergy

Navigating Challenges in PH Offshore Wind Energy Source: https://lnkd.in/gTeMgxUq The journey to harness offshore wind energy in the Philippines is filled with promise but also significant hurdles. 🏗️ Port Infrastructure Challenges Existing port facilities are not equipped to handle the large components needed for offshore wind projects, leading to potential delays in meeting our renewable energy goals. 💡 Government Initiatives and Solutions - Streamlining permit processes with Executive Order No. 21. - Attracting foreign investments for port development. - Upgrading facilities and developing new ports for renewable energy projects. The future of offshore wind energy is bright, but addressing these infrastructure challenges is crucial for timely progress. Check out the infographic for a detailed breakdown! 1️⃣ Overview of Offshore Wind Progress: Highlighting our renewable energy targets and current project approvals. 2️⃣ Port Constraints: Examining the infrastructure limitations that could delay our offshore wind ambitions. 3️⃣ Solutions and Future Outlook: Discussing government initiatives, proposed solutions, and the sustainable future ahead. #RenewableEnergy #OffshoreWind #SustainableFuture #Philippines #EnergyTransition

Germany-based PNE WIND AG-REG is set to invest USD 4.6 billion to build an offshore wind farm with a capacity of up to 2 GW in Vietnam's Binh Dinh province. PNE said that the offshore wind project has received support from the governments of Vietnam and Germany, and expressed hope that it will be picked as a pilot project within a partnership programme involving both countries. The company expressed its expectation that the project will soon receive investment approval. PNE WIND AG-REG has been developing the Binh Dinh offshore wind project since 2019. With a total capacity of 2,000 MW, the wind farm is planned to be constructed in three phases, each worth more than USD 1.5 billion. Once fully operational, the project is expected to provide about 7.1 billion kWh of electricity annually. Vietnam has several nearshore wind farms in development and operation, and a 2030 offshore wind target of 6 GW, with the government aiming to reach between 70 GW and 91.5 GW by 2050. #renewableenergy #wind #carbon60 #engineering #offshorewind #energy #vietnam #germany

Exciting News for the Future of Renewable Energy in the Philippines The Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) have just taken a major step toward advancing offshore wind energy projects by signing a new agreement! This partnership aims to: 1. Streamline access to offshore areas for wind energy exploration. 2. Reduce red tape, making it easier for investors to bring renewable energy projects to life. 3. Ensure environmental safeguards are maintained at every stage of development. 4. Position the Philippines to attract more investments and contribute significantly to our clean energy transition by 2028. This is a huge step forward in achieving sustainable energy goals and a cleaner future for the Philippines! #RenewableEnergy #OffshoreWind #CleanEnergy #Sustainability #EnergyTransition #Philippines #WindPower #SustainableFuture https://lnkd.in/gNCx2PB2

Sibanye-Stillwater concludes its fourth renewable energy power purchase agreement (PPA) in South Africa Financial close has been achieved on the Umsinde Emoyeni Wind Farm PPA. This 140MW wind energy project will power their SA operations, marking a significant stride towards their 2040 carbon neutrality goal. Construction begins soon, with commercial operation scheduled for Q4 2026. The project consortium, led by African Clean Energy Developments (ACED) and EIMS Africa, along with African Infrastructure Investment Managers (AIIM) and Reatile Renewables, will fully fund, build, and operate the project. This project, alongside with Sibanye-Stillwater’s other PPAs, brings their total contracted renewable energy capacity to 407MW; securing 70% of long-term energy requirements and enabling a 24% reduction in their Scope 2 emissions from 2027. These projects will also aid in resolving the South African electricity crisis. We are so proud to see Sibanye-Stillwater being one of the market leaders in private renewable energy procurement in South Africa. . . #lifechanging #energyindustry #renewableenergy #publicrelations

Sibanye-Stillwater concludes its fourth renewable energy power purchase agreement (PPA) in South Africa Financial close has been achieved on the Umsinde Emoyeni Wind Farm PPA. This 140MW wind energy project will power our SA operations, marking a significant stride towards our 2040 carbon neutrality goal. Construction begins soon, with commercial operation scheduled for Q4 2026. The project consortium, led by African Clean Energy Developments (ACED) and EIMS Africa, along with African Infrastructure Investment Managers (AIIM) and Reatile Renewables, will fully fund, build, and operate the project. This project, alongside our other PPAs, brings our total contracted renewable energy capacity to 407MW; securing 70% of our long-term energy requirements and enabling a 24% reduction in our Scope 2 emissions from 2027. These projects will also aid in resolving the South African electricity crisis. We’re proud to be one of the market leaders in private renewable energy procurement in South Africa. See https://lnkd.in/d5V5ct3a #SibanyeStillwater #RenewableEnergy #Sustainability #CarbonNeutrality #WindPower

Another great news from the Philippines! Now it is official that the country will be running offshore wind offtake auctions next year! This is a fantastic news and confirms the attractiveness of the market.

Copenhagen Energy, BlueFloat Energy, Corio Generation, and Copenhagen Infrastructure Partners are leading the development of offshore wind projects in the Philippines. Copenhagen Energy and PGEC, through their partnership BuhaWind Energy Philippines, are co-developing three floating wind farms: 2 GW Northern Luzon, 1 GW Northern Mindoro, and 1 GW East Panay. Corio Generation is working on five offshore wind projects totaling 3 GW. BlueFloat Energy has secured contracts for 7.5 GW of floating offshore wind. Copenhagen Infrastructure Partners signed contracts for three projects totaling 2 GW. The Philippines plans to begin its offshore wind auction by the end of 2024, aiming to generate 49.928 GW from 63 offshore wind contracts. #offshore, #wind, #floating, #renewable, #energy, #Philippines, #MW, #GW, #auction https://lnkd.in/eUrNQSgp

1. Upcoming Offshore Wind Auction: The Philippines’ Department of Energy (DOE) will launch its fifth Green Energy Auction (GEA-5) exclusively for offshore wind projects in Q3 2025. 2. Market Access and Demand: GEA-5 aims to provide offshore wind developers with secure market access, ensuring long-term demand for their generation capacities. 3. Supporting Infrastructure: Strategic ports, such as Currimao, Batangas, and Jose Panganiban, are being repurposed to support the growth of the offshore wind industry. 4. Economic Growth and Jobs: The initiative is expected to catalyze economic growth, create local jobs, and strengthen the renewable energy supply chain in the Philippines. 5. Major Players on Board: Companies like Copenhagen Energy, BlueFloat Energy, and Corio Generation are already developing key offshore wind projects across the country. This positioning highlights the momentum of the Philippines as a regional leader in offshore wind development and underscores the immense opportunities for stakeholders. For more info: https://lnkd.in/gWdc9CkZ