DOE to auction 100 MW of new renewable energy contracts

MANILA, Philippines — At least 100 megawatts (MW) of renewable energy capacity will be made available for service contract auction, according to the Department of Energy (DOE).

Based on the DOE’s draft terms of reference, the agency has identified hydropower, geothermal power, and wind energy resources with “sufficient technical data for promotion and further development.”

Among these, seven hydropower projects have been highlighted as part of the initial offering. Further details on the specific locations and capacities of these projects are expected to be released soon.
https://business.inquirer.net/548031/doe-to-auction-new-renewable-energy-contracts

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