Philippines' PetroGreen and Mingyang Smart Energy Sign 2GW Offshore Wind Cooperation Agreement
en.Wedoany.com Reported - On November 6, Philippine energy company PetroGreen Energy Corporation and China's Mingyang Smart Energy signed a strategic cooperation agreement on offshore wind power in Zhongshan, Guangdong Province. The two parties will conduct technical, logistical, and economic studies around the 2-gigawatt offshore wind project in Northern Luzon, Philippines, assessing wind turbine technology selection, expected power generation, project development plans, and construction costs, and will carry out specialized training for offshore wind professionals. The project is located in Ilocos Province, Philippines, and is being developed by Buhawind Energy Northern Luzon Corporation, a subsidiary of PetroGreen.
Under the agreement, the two parties will first conduct a study on offshore wind turbine selection, evaluating applicable turbine technologies based on the project's marine conditions and calculating the project's expected power generation. The economic study will cover project development plans and cost estimation, providing a basis for subsequent investment decisions and engineering implementation plans. The logistics study also falls within the scope of this cooperation.
Talent development is also part of the cooperation covered by the agreement. Mingyang Smart Energy will support engineering students, university faculty, and other professionals in the Ilocos region in training on offshore wind technology and project development, helping to cultivate local professionals in offshore wind engineering, equipment, and operations. The two parties also discussed cooperation opportunities in battery energy storage systems, solar power generation, and other renewable energy technologies, but these have not yet formed separate project investment or equipment procurement arrangements.
The Northern Luzon offshore wind project has a planned installed capacity of approximately 2GW and is one of the large-scale offshore wind projects under development in the Philippines. The project developer, Buhawind Energy Northern Luzon Corporation, was established with participation from PetroGreen-affiliated entities and Denmark's Copenhagen Energy. In May 2025, the project obtained a pre-development environmental compliance certificate from the Philippine Department of Environment and Natural Resources, allowing the developer to conduct marine geophysical, geotechnical, environmental, and social surveys to collect baseline data for subsequent site assessment and engineering design.
This strategic cooperation currently falls within the framework of project technical and economic feasibility studies.
