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A local unit of a Vietnam-based IPC Group has won the deal for the installation of wind turbines to a 100-megawatt (MW) onshore wind farm in Laguna province.
In a statement on Monday, IPC E&C Philippines Corporation said that for this contract, it is partnering with Goldwind International Philippines, Inc., the main supplier of the wind turbines for the Kalayaan 2 onshore wind farm.
The project of Laguna Wind Energy Corporation—backed by The Blue Circle, a known wind energy project developer in Southeast Asia —involves 17 Goldwind turbine towers with a capacity of 6MW per turbine.
It said the installation of wind turbines is scheduled for “early next year.”
The commercial operations of Kalayaan 2 onshore wind farm, meanwhile, may begin by 2026.
The group said this signals IPC’s expansion outside Vietnam, with its focus set on offshore wind projects in foreign markets.
“IPC Group is the first Vietnamese company to win a bid to construct and install wind turbines in an international and demanding market like the Philippines,” it said.
“This marks a very proud milestone for both IPC Group and Vietnam’s energy industry. Previously, only European companies were capable of constructing renewable energy projects in the Philippines,” the company added.
IPC Group is a familiar name in Vietnam, being a general contractor for more than 1.5 gigawatts of clean energy developments, involving wind and solar farms, as well as rooftop solar power projects.
The Marcos administration has set an ambitious goal for the renewables market, aiming to scale up the share of clean energy in the power generation mix to 35 percent by 2030. Currently, its share is at 22 percent.
The Department of Energy has also been conducting green power auctions to accelerate this target. For next year, the agency is set to hold its fifth round of the green power auction, which would include offshore wind.