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Philippine Consulate General in Chicago

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Phillipines Offshore Wind Initiatives Gain Momentum With President's "Whole of Society, Whole of Gov't Approach.

In a significant move to accelerate offshore wind (OSW) projects, Philippine President Ferdinand Marcos Jr. issued Executive Order Titled โ€œExecutive Order on the Development of Offshore Wind Projects in the Philippines,โ€ it outlines a comprehensive approach to the development of offshore wind energy, emphasizing collaboration between government agencies and the private sector. From the time that the EO was signed until today, the EO has made significant head way not only in the promotion of offshore wind projects, but also seeing momentum in theย wind energy spaceย with significant advances from private companies like BlueFloat Energy, Copenhagen Infrastructure Partners (CIP), Corio, Iberdola, GigaWind, SeaWind, Shell, and WindKraft entering the Philippine market either with partnerships or alone to harness some of the initial 22 GW total wind energy resource allocation which can be farmed along the Philippine archipelago. Theย Philippinesย has an estimated 178 GW of offshore wind resources, according to a World Bank study. The country is poised to harness clean energy for its growing needs, with offshore wind power leading the long term solution as it also offers the potential for producing alternative fuels like green hydrogen, driving further innovation in the countryโ€™s energy landscape.In just a span of five months since EO 21 was issued, the number of offshore wind energy service contracts (WESC) awarded to qualified investors went from 38 to 78. The biggest growth in terms of gigawatts and allocation happened between August to October when the number of rose from 63 to78 contracts with a total of 61.6 GW. https://cleantechnica.com/2023/10/23/philippine-offshore-wind-initiatives-gain-momentum-with-presidents-whole-of-society-whole-of-govt-approach/

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  • Kevin

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    38 w

    The Philippines are doing an amazing job with wind energy

    8
    • mercy nduta

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      38 w

      Philippines is greatly walking the talk.

      2
      • johnte ndeto

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        38 w

        It's a great mileage on offshore wind power

        5
        • CHRIS NGATIA

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          38 w

          This is great to see such an initiative by the Philippines

          15
          • walter lungayi

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            38 w

            It's great to see the Philippines taking a holistic approach to offshore wind initiatives. By involving the whole society and government, they are ensuring that all stakeholders are included in the decision-making process. This approach will likely lead to more successful and sustainable projects in the future.

            6
            • George Kariuki

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              38 w

              I am excited to see how the Philippines offshore wind sector develops in the coming years.

              16
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