| Work Detail |
State-owned Philippine National Oil Company (PNOC) has revealed plans to build an offshore wind integration port in the country’s Batangas province. The investment should be in the region of $100m with construction set to begin in late 2025 and completion targeted for 2027. PNOC and the Batangas provincial government have already signed a memorandum of understanding to assess the project’s feasibility, conduct technical studies, and coordinate regulatory requirements. “We originally considered repurposing PNOC’s existing property, but we are now looking at another site in Batangas that is larger and more suitable,” said Rowena Raymundo, PNOC senior vice president for energy investments. According to him, PNOC can develop the project independently, however, the company is open to partnering with private investors with expertise in offshore wind port development. The project is part of the Philippines’ push to expand renewable energy in the country. The Philippines has a development plan in place which aims for a clean energy generation target of 15.3GW by 2030, with 3 to 6GW expected to come from offshore wind sources. The Department of Energy of the Philippines awarded certificates of confirmation of commerciality to three offshore wind projects in October last year with a combined target capacity of 1.65GW. Ports were also in the government’s focus as the same department has partnered with the Philippine Ports Authority to speed up the development of three ports crucial for faster offshore wind development due to their proximity to high-potential offshore wind energy service contracts. The two chose the Port of Currimao in Ilocos Norte, the Port of Batangas in Batangas City, and the Port of Jose Panganiban in Camarines Norte. |
