BlueFloat invests in 7.6 GW offshore wind projects in Luzon
BlueFloat Energy has announced its plans to install 7.6 GW of offshore wind capacity in the Philippines with an accompanying investment of up to US$38 billion. The company acquired the wind energy service contracts for four sites in the country, covering Central Luzon, South Luzon, Northern Luzon, and Southern Mindoro. The proposals include four offshore wind projects, each with a capacity of between 1.5 GW and 3.5 GW, in line with the company's ambition to support the shift towards renewable energy sources.
The development of offshore wind projects in the Philippines represents a significant step towards the country's renewable energy targets.
BlueFloat Energy is an independent developer of utility-scale offshore wind energy projects in multiple geographies. The company invests in new projects from early-stage development through to Final Investment Decision and beyond.
Country updates
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May 17, 2023
Mingyang smart energy to supply turbines for 306 MW Wind Onshore Farms in Philippines
Mingyang Smart Energy Group Limited has secured a 306 MW order from Vena Energy for the Talim (212.5 MW) and the Sembrano (93.75 MW) onshore wind projects located in the province of Rizal, Philippines...
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May 08, 2023
Maxeon plans a US$900mn solar energy investment in the Philippines
Maxeon Solar Technologies, through its subsidiary Sunpower Philippines Manufacturing Ltd., has announced a US$900 million solar energy investment plan in the Philippines. As part of this investment,...
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April 24, 2023
Filinvest-Engie JV signs MoU with Merasenko Corp. for a rooftop solar PV project in Cebu
Filinvest-Engie Renewable Energy Enterprise Inc. (FREE) has partnered with medical solutions firm Merasenko Corp. to develop a solar project in Cebu City, Philippines, that aims to reduce carbon emiss...
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March 15, 2023
BCDA launches tender for 25 MW solar PV project in New Clark City
The Bases Conversion and Development Authority (BCDA) of the Philippines has launched a tender inviting private partners to bid for the establishment of a 25 MW solar photovoltaic project to be l...
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March 10, 2023
Alternergy secures wind service contracts for 120,000 ha offshore wind developments in the Philippines
Alternergy Holdings Corporation has been granted three additional offshore wind service contracts from the Philippines' Department of Energy (DOE) for the development of offshore wind farms. Th...
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