Copenhagen Energy eyes 4GW-plus offshore wind off Philippines

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.