The Philippine Department of Energy (DOE) has launched the fifth round of its Green Energy Auction, offering 3.3GW of fixed-bottom offshore wind capacity.

The agency opened registration for developers on March 2. The winning bidders will be announced on September 22.

The department will begin evaluating registered applicants on March 17, with a formal list of qualified bidders expected by July 3.

Regulators have set the Green Energy Auction Reserve price at a cap of ₱11 ($0.19) per kWh, an increase from the initial ₱10.3859 per kWh.

The DOE stated that the auction round, designated GEA-5, will focus on large-scale offshore wind projects set to begin commercial operation between 2028 and 2030.

This is the country’s first foray into offshore wind under the government’s new policy, aimed at streamlining permitting and infrastructure development.

By centralising the procurement process, the department aims to mobilise massive capital inflows while ensuring grid integration and supporting infrastructure are developed in tandem with the generation sites.

The auction was scheduled earlier, but the government delayed the start of the round to address bottlenecks in port availability and the transmission network’s ability to absorb intermittent offshore loads.