DOE, matagumpay na naisagawa ang 3rd Green Energy Auction sa Pilipinas

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00:00The Department of Energy, DOE, announced that they have successfully held the 3rd Green Energy Auction in the Philippines

00:09where 7,500 megawatts exceeded the target of 4,650 megawatts.

00:18The said auction supports President Ferdinand R. Marcos Jr.'s goal

00:24to speed up the country's transition to renewable energy and ensure energy security.

00:3114 projects with a long delivery period from 2027 to 2035 have been submitted

00:39and are based on non-FEET-eligible technology.

00:43The successful bids show the trust of the residents in the sector of renewable energy in the Philippines.

00:52The winners of the bid will be announced once the Energy Regulatory Commission has completed the necessary assessments.

00:59The auction aims to diversify energy production

01:04and use 35% of renewable energy in the power generation mix by 2030.

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