The Department of Energy (DOE) of the Philippines has awarded 19 contracts to develop 2 GW of renewable energy capacity under the first round of Green Energy Auction Program (GEAP).
The winning bidders will be awarded 20-year power supply agreements to commence supplying renewable energy to the grid between 2023 to 2025. Of the winning bidders, Solar Philippines bagged 70 per cent (1,380 MW) of the total renewable energy capacity auctioned off. These projects include the 200 MW Concepcion Tarlac 2 Solar Power Project, 280 MW Santa Rosa Nueva Ecija 2 Solar Power Project, 450 MW Tayabas Solar Power Project, 120 MW General Santos Solar Power Project, 30 MW Calatagan Wind Power Project and the 300 MW Kananga-Ormoc Solar Power Project. In Luzon, DOE awarded five solar contracts of 1,070.38 MW, four wind contracts of 360.8 MW and two hydropower contracts of 80 MW. In Visayas, the DOE awarded two renewable energy contracts – one solar and one wind. While in Mindanao, it awarded four hydropower contracts and one each for biomass and solar.