The Philippines Offshore Wind Supply Chain Study
13 Dec, 20242:00Thanks to its resources like shipbuilding, skilled labour, and critical minerals, the Philip...
Thanks to its resources like shipbuilding, skilled labour, and critical minerals, the Philippines has strong potential to become a key player in the APAC offshore wind market. However, policy improvements are needed to fully unlock these opportunities.
The following elements serve as critical enablers for the development of the offshore wind supply chain in the Philippines:
- Significant capital investment in the local supply chain
- Policy and government support, including comprehensive renewable energy policies and financial incentives, such as subsidies and grants
- Investment in port facilities to meet the specific needs of the offshore wind industry
- Education and research facilities expanding the local offshore wind knowledge base
Our partners, the Global Wind Energy Council, have published a report that serves as a catalyst for discussions on how the Philippines can first understand, engage, and eventually compete within the regional offshore wind industry, strengthening its position as a leader in Southeast Asia.
Discover what has been considered as the key recommendations of how this can be achieved by downloading the Philippines Offshore Wind Supply Chain Study here.