Philippines' DOE considers terminating 105 renewable energy contracts due to project delays.

The Philippines' Department of Energy (DOE) is considering terminating 105 renewable energy contracts due to delays in meeting project timelines. Most contracts, awarded in 2017 and 2019, face issues like securing rights and grid connectivity. The government aims to open these contracts to new developers and is refining regulatory processes to enhance project execution and investor confidence. The DOE also plans to streamline permitting via its Energy Virtual One-Stop Shop (EVOSS).

October 20, 2024
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