Exploring exciting opportunities in the Philippines' wind energy and storage markets.
As the only wind energy focused event, the POOWESS has become the prime event in the Philippines for wind energy industry and government communication, knowledge sharing and partnership development. With around 300 senior representatives from project owners, government agencies, port operators, power utilities, EPCs, investors, banks, law firms, OEMs, solution providers on the value chain expected to join us this year, this event is going bigger and better.
Overview
The Philippines is a Southeast Asian country with over 7,000 islands. This archipelago nation is blessed with a variety of geographic features that make it ideal for wind energy generation.
As the only wind energy focused event, the POOWESS has become the prime event in the Philippines for wind energy industry and government communication, knowledge sharing and partnership development. With around 300 senior representatives from project owners, government agencies, port operators, power utilities, EPCs, investors, banks, law firms, OEMs, solution providers on the value chain expected to join us this year, this event is going bigger and better.
Overview
The Philippines is a Southeast Asian country with over 7,000 islands. This archipelago nation is blessed with a variety of geographic features that make it ideal for wind energy generation.
The Philippine government aims to reach a 35% share of renewables in their electricity mix by 2030 and 50% by 2040. It has set a target of 5 GW of installed onshore wind power capacity by 2030 and has a total technical offshore wind potential of 207 GW, about half of it based on good wind speeds above 8 m/s.
The policy and regulatory framework for offshore wind has been rapidly developing in recent years, with the removal of restrictions on foreign ownership of renewable energy projects and a new policy framework for offshore wind announced this June. More than 60 offshore wind projects have received an initial contract for site exclusivity. Sites are currently allocated through an open-door model and multiple international developers have entered the market during the last year.
Join us to speed up Philippines' energy transition via your innovation.