Considering the time required to plan energy projects, the targets for raising the share of RE in our energy mix may be considered ambitious. Recently, the Department of Energy (DOE) axed about 100 renewable energy projects. The solution to land scarcity, it appears, is to push RE projects offshore. Recently, the DOE awarded Certificates of Confirmation of Commerciality to three offshore wind projects. The consortium’s 1,650-MW wind power project will be included in the country’s first Green Energy Auction for Offshore Wind to be held next year.

Source: Philippine Star November 04, 2024 16:11 UTC