Mingyang lands 306-MW wind turbine order in Philippines
Image by Mingyang (www.myse.com.cn)
Chinese wind turbine maker Mingyang Smart Energy Group Ltd (SHA:601615) on Sunday said it received a 306-MW order in the Philippines from Singaporean renewables company Vena Energy, which marks its official entry into the Philippine market.
The 212.5-MW Talim and 93.75-MW Sembrano onshore wind projects, located in the province of Rizal, will become the first in the Philippines to feature Chinese wind turbines, according to the announcement. They will also use the most powerful turbines in the country.
Mingyang will supply, transport, install and commission 49 units of its MySE 6.25-172 turbines for the two projects, and will also provide long-term operations and maintenance (O&M) services. Commissioning is expected to take place late next year.
The manufacturer notes that amid power shortages and dependence on imported fossil fuels, the Philippine government has increased its focus on renewables and targets a 50% share of renewable energy in its power mix by 2040.
The order comes after Mingyang's chairman and chief executive Zhang Chuanwei had the chance to meet Philippine President Ferdinand R. Marcos Jr during his state visit to Beijing in January 2023.
Meanwhile, the Philippine Department of Energy last week announced an amendment to the schedule for the upcoming renewable energy auction, pushing back by a week all activities preceding the bidding process.