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Offshore

New rules to boost transparency in Philippines’ first offshore wind auction

The Department of Energy (DOE) announced revised guidelines for its first-ever offshore wind energy auction, aiming for a more transparent and practical process. The DOE held a virtual meeting with industry stakeholders on June 30th to finalize the Terms of Reference (TOR) for Green Energy Auction 5 (GEA-5). The auction, targeting 3,300 megawatts of offshore...