The Philippines Department of Energy has awarded Triconti Windkraft Group a contract that gives the Filipino-Swiss-German joint venture the rights to develop offshore wind farms off the coast of the south-east Asian country.
Service contracts cover the potential for up to 1.2GW of projects in Aparri Bay in the north of the country and the Guimaras Strait in the centre.
JV partner and Steam Invest Holding managing director Stefan Simon said: “We are excited to bring the benefits that offshore wind power promises to the Philippines.
“With its scale and efficiencies, we believe that it offers a cost-competitive and greener alternative to conventional fuel power plants.”
Triconti Windkraft Group president Lila Rosenberger said: “Guimaras Strait and Aparri Bay showcase excellent, consistent wind speeds and are very accessible from the foreshore in terms of grid connectivity and maintenance.
“With the quickly evolving wind turbine and offshore technology, it is quite realistic to expect that these projects can bring more than 1.2GW of much needed clean and affordable power into the market.”