Ireland-based renewable energy developer Mainstream Renewable Power (“Mainstream”), the global pure-play renewable energy company, has signed two Wind Energy Service Contracts (“WESCs”) with the Department of Energy (“DOE”) in the Philippines for the development rights for two onshore wind farms with a combined capacity of 440 MW. The contracts represent Mainstream’s first fully-owned WESCs in the Philippines and it is one of the first 100% foreign-owned companies to secure the contracts.

The contracts provide Mainstream with exclusive development rights for two onshore wind projects; the 100 MW Santa Ana Cagayan Wind Project located in the Municipality of Santa Ana, Cagayan Province and the 340 MW Panaon Wind Project located on Panaon Island in the Leyte Province. The projects, which have already commenced early-stage development activities, are approximately 500 km from the capital city, Manila.

Commenting at the signing of the contracts in Manila, Eduardo Karlin, Mainstream’s General Manager for APAC, said: “The award of these contracts represents an important milestone for Mainstream as we continue to grow our development footprint across the Philippines. We are committed to the Philippine market and are well-placed to be part of the country’s energy transition and assist the government in reaching their targets of 35% renewable energy by 2030 and 50% by 2040.”

Mainstream has been active in the country since 2017 and is working in collaboration with its joint venture (JV) partner, Aboitiz Power Corporation, through its subsidiary Aboitiz Renewables.

The partnership will commence construction of the 58.5MW Camarines Sur wind farm in 2024.