Mainstream Renewable Power, a renewable energy developer based in Ireland, has been chosen by the Philippines Department of Energy to construct two onshore wind farms with a total capacity of 440MW.
These projects mark the company’s first ownership of wind energy service contracts in the Philippines.
Mainstream has been granted exclusive rights to develop the Santa Ana Cagayan and Panaon wind projects.
The Santa Ana Cagayan wind project, located in the municipality of Santa Ana in Cagayan province, has a capacity of 100MW.
The Panaon wind project, with a capacity of 340MW, is situated on Panaon island in Leyte province.
Energy Secretary Raphael PM Lotilla of the Philippines expressed satisfaction with the enthusiastic reception of both foreign and local investors in the country’s renewable energy sources, as the Philippine economy experiences strong growth and positive forecasts.
“Mainstream will be bringing in financial muscle and technological heft to work with our world-class workers throughout the construction and operational phases of all these projects, which means more employment for our people and livelihood opportunities in these areas.”
Mainstream Asia-Pacific general manager Eduardo Karlin stated: “The award of these contracts represents an important milestone for Mainstream as we continue to grow our development footprint across the Philippines.
“We are committed to the Philippine market and are well-placed to be part of the country’s energy transition and assist the government in reaching their targets of 35% renewable energy by 2030 and 50% by 2040.”
Mainstream has been operating in the country since 2017 and is collaborating with its joint venture partner, Aboitiz Power Corporation, through its subsidiary Aboitiz Renewables.
The partnership is set to begin construction of the 58.5MW Camarines Sur wind farm in 2024.
In November 2023, Mainstream and Hexicon, through their JV Freja Offshore, submitted an application to develop Dyning, a 2.5GW floating offshore wind farm in Sweden.
The Dyning project, to be situated 45km offshore the Swedish mainland and Gotland in the Baltic Sea, is expected to produce ten terawatt hours of clean energy annually.
Source Mainstream Renewable Power
