The Department of Energy (DOE) will launch the seventh round of the Green Energy Auction (GEA-7) this year as part of government efforts to accelerate renewable energy (RE) deployment, especially in Mindanao.<\/p>\n
According to the DOE, the Terms of Reference (TOR) for GEA-7 is expected to be released by the second quarter of the year.<\/p>\n
“GEA-7 will offer renewable energy capacities nationwide, with a strategic and significantly increased allocation for Mindanao, estimated at approximately five times the capacity offered in previous auction rounds,” the DOE said in a statement Friday.<\/p>\n
The DOE added the auction is part of its efforts to stimulate investments in Mindanao, address growing energy demand, and promote a more balanced and resilient power system across the country.<\/p>\n
The auction will cover solar rooftop, ground-mounted solar, and floating solar technologies.<\/p>\n
Projects for solar rooftop and ground-mounted installations are targeted to commence delivery in 2027, while floating solar projects are scheduled for delivery between 2027 and 2029.<\/p>\n
The DOE said the floating solar component will also incorporate the unsubscribed capacities from the fourth Green Energy Auction (GEA-4), ensuring efficient utilization of previously allocated capacity.<\/p>\n
To further enhance grid stability and reliability, the DOE will require all ground-mounted solar projects under GEA-7 to be integrated with battery energy storage systems.<\/p>\n
“This requirement is expected to improve dispatchability and address the intermittency of solar energy, supporting a more secure and flexible power system,” the DOE said.<\/p>\n
The DOE urged interested renewable energy developers to participate in GEA-7 and register their projects, noting that early registration is crucial to ensure project eligibility and qualification for the upcoming auction. (PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"
The move highlights continued push for sustainable and reliable energy solutions.<\/p>\n","protected":false},"author":1,"featured_media":6531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-6530","post","type-post","status-publish","format-standard","has-post-thumbnail","category-energy"],"zyndk8_nxtgen_metadata":{"nxtgen_comments":[{"1873":"green future\r","1874":"floating solar adds new opportunities for energy generation \u26a1\r","1875":"gnda ng plan sna magtagal \ud83d\udc9a\r","1876":"support lang sa ganitong initiatives \ud83d\udc9a\r"}]},"_links":{"self":[{"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/posts\/6530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/greeninc.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6530"}],"version-history":[{"count":0,"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/posts\/6530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greeninc.ph\/index.php?rest_route=\/wp\/v2\/media\/6531"}],"wp:attachment":[{"href":"https:\/\/greeninc.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greeninc.ph\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greeninc.ph\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}