Philippines allocates 1.57 GW of solar in auction

Under the first round of the 2 GW Green Energy Auction Program, the Philippines’ Department of Energy awarded 19 contracts to develop 1.57 GW of renewable energy projects. Solar, hydro, wind, and biomass projects in the Philippines’ Luzon, Visayas, and Mindanao regions were auctioned out. The winning bids will receive 20-year power supply agreements. The projects are planned to start up between 2023 and 2025.

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