Clime Capital to invest up to USD 10m in Philippine solar firm UGEP
Sep 11, 2024 14:25 CESTThe Philippine Department of Energy (DoE) on Thursday published the list of eligible bidders for participation in the country’s second green energy auction round (GEA-2) which is scheduled for June 19 and will be offering 11,600 MW of total capacity.
Among the 118 eligible bidders are names of subsidiaries and associates of Aboitiz Power, Enfinity and Solar Philippines. The number of potential bids amounts to 339, with Phinma Solar Energy Corporation accounting for almost one-third of the total. The full list is available here.
The DoE reiterated that a pre-bid conference for qualified bidders will take place on June 6.
As previously reported, through this auction round the government seeks to award 3,600 MW of capacity for 2024, 3,600 MW for 2025, and 4,400 MW for 2026. The categories of targeted technologies include ground-mount solar, floating solar, rooftop solar, onshore wind, biomass and waste-to-energy.
Clime Capital to invest up to USD 10m in Philippine solar firm UGEP
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