Triconti Windkraft Group of Companies, a venture among Swiss, German and Filipino firms, recently announced that it has bagged an offshore wind power service contract from the Department of Energy (DOE).
Reportedly, these contracts involve two projects situated in Guimaras Strait, Central Philippines and Aparri Bay, Northern Philippines. Evidently, both these projects possess a combined potential output of more than 1.2 gigawatts (GW).
Apparently, both these projects come as the first offshore wind power contracts to be awarded by the DOE. Offshore wind energy generally employs wind farms built in water bodies, often in oceans.
Apart from these two offshore projects, Triconti is also working on 500 megawatts of onshore wind projects which are currently under development. This would propel the company’s portfolio to over 1.7 GW in several regions around Luzon and Visayas. For the record, all these projects are in separate stages of predevelopment, with the initial project in Nabas, Aklan, planned to become online by 2022.
Speaking on the move, Stefan Simon, Managing Director and Joint Venture Partner, Switzerland’s Stream Invest Holding, said that the company is thrilled to bring the offshore wind power and its benefits to the Philippines. With its efficiencies and scale, the company believes that it delivers a greener and cost-competitive substitute to traditional fuel power facilities.
Lila Rosenberger, President, Triconti Windkraft Group, said that the company is optimistic about the nation’s wind potential, especially for, Aparri Bay and Guimaras Strait that offer consistent, excellent wind speeds and are easily approachable from the foreshore in line with grid maintenance and connectivity.
Moreover, with the ever-evolving offshore and wind turbine technology, it is possible to see these two projects generate over 1.2 GW of highly required affordable and clean power into the market, commented Rosenberger.