The Department of Energy of Philippines has released the terms of reference (TOR) for the fourth round of the Green Energy Auction (GEA-4).
The TOR lays out the technical, financial, and commercial requirements for project selection, ensuring a fair and competitive bidding process. The GEA-4 aims to add 9,378 MW of new capacity from ground-mounted solar, roof-mounted solar, floating solar, and onshore wind projects. Furthermore, this auction incorporates renewable energy and storage systems, specifically solar power plants paired with battery energy storage systems. With an additional 1,100 MW of solar capacity integrated with energy storage, these projects are expected to enhance grid reliability and flexibility.