The Department of Energy (DOE) has awarded 20-year power supply agreements (PSAs) to 19 RE developer firms that will deliver aggregate capacity of 2,000 megawatts to augment the country’s power supply under the Green Energy Auction Program (GEAP).
The Department of Energy has awarded 20-year power supply agreements to 19 RE developer firms that will deliver aggregate capacity of 2,000 megawatts to augment the country’s power supply under the Green Energy Auction Program .
For the Luzon grid, 11 companies were awarded with PSAs, comprising of two developers for hydro; five firms for solar; and four firms for wind farm installations. For wind developments, those awarded with PSAs are the: 70MW Caparispisan II wind project of Amihan Renewable Energy Corp.; 30MW Calatagan wind project of Solar Philippines Calatagan Corp.; 160MW Balaoi and Caunayan wind project of Bayog Wind Corporation of the Ayala group; and 100.8MW Kalayaan 2 wind project of CleanTech Global Renewables Inc.
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