The Philippine Department of Energy (DOE) has finalized plans to auction offshore wind service contracts in December 2026, according to BusinessMirror. The auction, originally scheduled earlier, was postponed by two months.
The DOE's Green Energy Auction 5 will mark the country's first bidding round specifically for offshore wind projects, BusinessMirror reports. The auction aims to allocate contracts for developing offshore wind capacity, a key part of the Philippines' renewable energy expansion.
The delay was first reported in mid-2026, with the DOE citing the need for more preparation time. The December date was confirmed by multiple outlets, including the Manila Bulletin and Daily Tribune.
Observers will watch for the specific terms and capacity targets the DOE sets for the auction, as well as the level of interest from domestic and international developers.
