PetroGreen Energy Corporation to establish 1st offshore wind farm in Ilocos Norte

PetroGreen Energy Corporation (PGEC), in partnership with Copenhagen Energy (CE), will build Ilocos Norte’s first offshore windfarm through the North Luzon Offshore Wind Power Project (NLOWPP) covering the towns of Burgos, Bangui, and Pagudpud, boosting the province’s stake as the “Renewable Energy Capital of Southeast Asia.” The NLOWPP will deliver ~1,500 to 2,000 MW of clean and sustainable power to the Luzon grid.

NLOWPP will be developed by BuhaWind Energy North Luzon Corporation (BENLC), a joint venture between PGEC and Copenhagen Energy A/S (CE), a Danish renewable energy developer and trading firm with solar, onshore and offshore wind projects in Europe, Asia, and Australia.

This project will involve the installation of ~100 floating offshore wind turbine generators with a generating capacity of 15 to 18 megawatts each. Full-scale commercial operations is projected to commence by 2030.

In 2022, PGEC held a series of meetings with Governor Matthew Marcos Manotoc and the Provincial Government of Ilocos Norte (PGIN) to present and discuss the proposed offshore wind power project.

At present, PGIN through the Ilocos Norte Trade and Investments Office, is actively assisting PGEC in the pre-development stages of the project, through conduct of feasibility studies, environmental assessments, community consultations, coordination with Local Government Units, as well as expediting national endorsements and certifications required for the project.

PGEC, in partnership with the Provincial Government, aims to implement its Corporate Social Responsibility (CSR) projects such as the We Power CARE (Conservation, Awareness, Restoration, and Ecotourism) under its environment and sustainability program and We Power HELP (Health, Education, and Livelihood Program), to support local host communities through targeted and strategic initiatives on community building and environment protection.

Under the leadership of Gov. Marcos Manotoc, PGIN continues to pursue investments from renewable energy developers to increase the province’s renewable energy portfolio, decrease electricity rates, and generate more employment opportunities for the Ilokano community.

PGEC is the renewable energy holding company of PetroEnergy Resources Corporation, member of the Yuchengco Group of Companies, operating multiple renewable energy power plants in the country which utilizes geothermal, wind, and solar resources.