Danish developer Copenhagen Energy has secured sites for three offshore wind farms in the Philippines that could have a combined capacity of more than 4GW.
It has formed three separate special purpose vehicles – with PetroGreen Energy Corporation, the renewable energy unit of private Filipino energy firm PetroEnergy Resources Corporation as an equal partner – to develop the projects.
The partners believe its projects – the 2GW Northern Luzon, 2GW Northern Mindoro, and 500MW East Panay – could start delivering power between 2027 and 2031.
The wind farms are planned for sites off the northern tip of the Philippines’ northernmost island, off the south-west of the northernmost island, and off the west coast of the country’s central archipelago, respectively.
Copenhagen Energy is also active in offshore wind in Denmark, Australia, and Italy.