Philippines to carry 2-GW renewables public sale in June 2022

Could 13 (Renewables Now) – The Phillippine Division of Vitality this week posted a revised timeline for its upcoming 2-GW renewable vitality public sale, scheduling the aggressive bidding course of for June 17, 2022, on the newest.

The native authorities launched the Phrases of Reference (TOR) and Public sale Spherical Process (ARP) for the primary public sale spherical on Could 6 and plans to open the registration for certified suppliers on Could 21 till Could 24.

The posting of certified bidders is anticipated to happen on or earlier than Could 31, 2022. The vitality division famous that the pre-bid convention, scheduled for June 1 on the newest, and all subsequent actions will solely be carried out upon the discharge of the Inexperienced Vitality Public sale Reserve (GEAR) costs by the Vitality Regulatory Fee (ERC) by Could 30.

The Discover of Award is anticipated to be posted on or earlier than June 24, 2022.

The desk beneath consists of details about every lot that might be supplied per area, as introduced earlier this yr.

Kind Luzon (Lot 1) Visayas (Lot 2) Mindanao (Lot 3)
Hydro 80 MW 50 MW
Biomass 60 MW 120 MW 50 MW
Photo voltaic 900 MW 260 MW 100 MW
Wind 360 MW 20 MW
Whole 1,400 MW 400 MW 200 MW

The public sale design is obtainable here.

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