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Friday, January 26, 2024

Danish Firm Invests PHP108 Billion in 650 MW Offshore Wind Project in Northern Samar

 TACLOBAN CITY


On Friday, the provincial government of Northern Samar announced a PHP108 billion investment by Danish firm Copenhagen Infrastructure Partners (CIP) to develop a 650-megawatt (MW) offshore wind power project.

Ernesto de los Reyes, Board of Investments (BOI) Assistance Service Director, confirmed the investment in a meeting with Governor Edwin Ongchuan and key officials of CIP on January 25.

The project is currently in the pre-development phase, with ground investigations set to commence in the first quarter of 2024, continuing until the end of 2025. These investigations will involve the use of equipment to measure wind speeds, seabed conditions, and environmental factors, according to John Allen Berbon, Chief of the Northern Samar Provincial Economic Development and Investment Promotions Office.

The large-scale offshore wind project will be established in the towns of Bobon, Catarman, Mondragon, San Roque, Pambujan, and Laoang, identified by Berbon as feasible areas for wind energy.

On January 10, 2024, the BOI issued a Certificate of Endorsement for the Green Lane Certificate, and the project received endorsements from various government agencies, including the Department of Energy.

The company aims to deliver these offshore wind projects within the tenure of President Ferdinand R. Marcos Jr., with a focus on ensuring grid connection. Discussions have commenced with the National Grid Corporation of the Philippines to secure the best options, including potential grid connection points such as the Calbayog 138 kV substation, San Isidro 138 kV substation, a potential new station near a 350 kV transmission line, and the Calbayog-Allen 138 kV transmission project.

Other related investments in Northern Samar include the San Isidro On-shore Wind Power Project in San Isidro town by Aboitiz Renewables, Inc., and Vena Energy. (PNA)


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