Filipino-Swiss firm Triconti Windkraft Group has entered into a strategic partnership with Sea Wind Holding AG, a Liechtenstein-based offshore wind investor with significant experience in projects in Europe.
Triconti Windkraft develops wind energy projects from greenfield to construction.
Sea Wind joins the consortium that would fast track the development of two offshore wind projects including the Frontera located outside Manila Bay bordering the provinces of Cavite and Bataan and another in Guimaras Strait, along the shores of Negros Occidental.
The two projects have a joint potential capacity of over 1.5 gigawatts expected to provide electricity to more than one million Filipino households when completed.
“We are extremely delighted to implement the first-generation offshore wind farms in the Philippines. Through our investments in renewable energy in the Philippines, we are supporting the Philippine government in achieving its goals of reducing dependence on fossil fuels, strengthening local economies and thus contributing to the energy security and energy independence of local regions,” said Fritz Kaiser, Sea Wind Holding chairman, in a statement.
Lila Rosenberger, Triconti Windkraft chief executive officer, said the partnership leverages Sea Wind‘s extensive knowledge and experience in offshore wind development in Europe with the company’s strong network in the Philippines.
Rosenberger added the development of local offshore wind projects also has the potential to create thousands of highly skilled jobs for Filipinos.
Last year, the Department of Energy (DOE) launched the Philippine Offshore Wind roadmap, wherein an estimated 178,000 MW worth of offshore wind potential capacity in the country has been identified. The DOE awarded a total of 79 offshore wind contracts with a total of 61,931 MW potential capacity. -Jed Macapagal
