The Philippines is hoping to start generating offshore wind power by 2028 in the course of diversifying its energy sources and reducing dependence on fossil fuels.
It expects offshore wind to play a key role in achieving the target of increasing renewable energy’s share in the power mix to 35% by 2030 and 50% by 2040.
As of 2023, Thailand had an installed wind power capacity of approximately 1,476 megawatts (MW) across 34 projects.
Notably, the Thai government facilitated direct power purchase agreements (PPAs), allowing private companies to procure up to 2,000 MW of electricity directly from renewable energy producers via grid connections operated by electricity authorities.
As one of the region’s fastest-growing economies, Vietnam is targeting 30 GW of onshore & nearshore wind by 2030 and 6–17 GW of offshore wind by 2035.
News 1,
THE ENERGY REGULATORY Commission (ERC) has proposed P10.3859 per kilowatthour (kWh) as the ceiling price to guide participants in the fifth green energy auction round (GEA-5) for offshore wind in 2026 in the Philippines.
News 2,
TTVN GROUP, REE, AND VIETSOVPETRO SIGN COOPERATION AGREEMENT TO DEVELOP 500MW OFFSHORE WIND POWER PROJECT IN Vietnam
News 3,
Singapore’s Nexif Ratch Energy SE Asia to build $216 mln wind power plant in central Vietnam
News 4,
Denmark’s CIP Inks Offshore Wind Agreement in Vietnam
News 5,
Enertrag SE proposes 55 MW wind power project in northern Vietnam
News 6,
In Vietnam,The first tranche of 500 MW offshore wind projects in Vietnam is expected to require around USD 2 billion per project, with total investment for 6 GW estimated at approximately USD 24 billion.
ASEAN Wind and Energy Storage Conference and Exhibition(AWESCE),21-22 May 2026,Ho Chi Minh City,Vietnam.
The Largest and most influential gathering for Wind,Energy Storage Exhibition and Conference in ASEAN. On May.20, Pre-Conference half-day One-to-one meeting in the afternoon of May.20, followed by Gala dinner. The three-day show is estimated to attract 800+ industrial stakeholders. For local project owners in Vietnam, Thailand, and the Philippines, free of charge to attend.