THE DEPARTMENT of Energy (DoE) on Thursday said 142 bidders have qualified for the fourth round of the Green Energy Auction (GEA-4), which aims to install 10,653 megawatts (MW) of renewable energy (RE) capacity across the country.
In an advisory, the agency said more than 230 bids were submitted for evaluation by the Green Energy Auction-Bids Evaluation and Awards Committee. The participants were screened based on technical, legal and financial qualifications.
“The selected companies have demonstrated the technical, legal, and financial capabilities necessary to participate and contribute to the Philippines’ long-term clean energy targets,” the DoE said.
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