DOE to hold open bidding for 11 new renewable energy sites

The Department of Energy (DOE) is set to conduct an open bidding for new renewable energy (RE) service contracts, focusing on geothermal, wind, and hydropower resources.

A committee will be formed to evaluate bidders applying through the open and competitive selection process (OCSP) for these new contracts.

For the fifth OCSP round, eleven potential sites across the Philippines have been identified for renewable energy development.

Seven of these sites are designated for hydropower projects with a combined potential of 37.4 megawatts, and two others for geothermal energy with up to 68 megawatts capacity.

The remaining two sites are allocated for wind energy projects, though their resource potential has not yet been determined.

Direct applications for RE contracts in these identified areas are restricted unless a different technology is proposed.

The OCSP aims to promote a transparent and competitive bidding process to encourage the development of the nation's clean energy resources.