Spanish Offshore Wind Developer to Locate its Largest Wind Energy Project in the Philippines

July 2023

Madrid-based offshore wind developer BlueFloat Energy announced that its largest planned offshore wind energy project will be located in the Philippines, with a capacity of 7.6 gigawatts (GW) which will be divided into four sites with capacities between 1.5 and 3.5 GW. BlueFloat Energy Philippines Country Manager Raymund Pascual said the Department of Energy (DOE) has awarded the service contracts (SCs) for the firm’s four projects late last year.

As one of the earliest players to look into the country’s offshore wind potentials, BlueFloat was able to select sites where there are good wind resources, no impact on environmentally-protected areas, and potential to connect to the grid, both existing and in the pipeline.

BlueFloat CEO Carlos Martin has said that in markets like the Philippines, offshore wind can cover new demand for power given the robust growth of the country’s economy.

(Source: Philippine New Agency)



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