Manila, 18 August 2022 (TDI): The United States is supporting offshore wind projects in the Philippines. These wind projects can generate 3 gigawatts of renewable energy and enough to power over 2 million homes.
The United States is supporting offshore wind projects in the Philippines that could generate 3 gigawatts of clean energy, enough to power more than 2 million homes. https://t.co/nf9HPkIBB1
— US Mission to ASEAN (@USMission2ASEAN) August 18, 2022
US and Philippines cooperation for clean energy
The Philippines and the US are cooperating to increase access to renewable energy and find solutions to the climate crisis.
Trade and Development Agency (USTDA) announced on August 6 that it has approved a grant to Aboitiz Renewables, Inc. of the Philippines. It will help to promote the construction of offshore wind projects in the country.
US Secretary of State Antony Blinken stated, “The United States stands committed to working with the Philippines to achieve a clean energy future together. The signing of the USTDA grant on offshore wind is an important step in that direction.”
Moreover, the grant will assist Aboitiz in identifying possible locations for one of the country’s first offshore wind projects. Additionally, it will offer technical and financial research for the project.
USTDA has supported 33 other energy projects in the country. These projects include distributed energy, smart grids, and energy storage systems.
Moreover, US Secretary Blinken’s visited Cambodia, the Philippines, South Africa, the Democratic Republic of the Congo, and Rwanda from August 2 to 12. During the visit, Blinken attended the grant signing in Manila.
Antony Blinken said, “These efforts are more important than ever because every region in the world is experiencing the dangerous effects of the climate crisis. We have to tackle it together. And investing in clean energy is one very powerful way to do that.”
US-Philippines sustainable energy partnership
The newest sustainable energy partnership between the US and the Philippines is the grant for offshore wind generation. Moreover, the US backed the Philippines’ first competitive bidding initiative with energy suppliers to generate an additional 2 gigawatts of renewable energy by 2025.
The US Department of State’s Clean Energy Demand Initiative (CEDI) links countries with firms seeking to access more clean energy for their operations. The US welcomed the Philippines in March to join this initiative.
Furthermore, Twelve businesses have so far signed letters of intent to collaborate with the Philippines. It opens the doors to more than $2 billion in renewable energy infrastructure projects.
Secretary Blinken said, “Together we’re reducing carbon emissions while creating jobs. We’re sparking innovation. We’re producing affordable, reliable energy for families and communities throughout the country.”
