Green energy auction attracts bids for 7,500 MW in RE capacity

THE third green energy auction (GEA-3) attracted 7,500 megawatts (MW) worth of bids to construct renewable energy (RE) plants, exceeding the auction goal of 4,650 MW, the Department of Energy (DoE) said on Wednesday. “The aggregate capacity of accepted bids underscores the growing confidence of investors and developers in the Philippine RE sector,” the DoE