Triconti bags offshore wind power service contracts

By Lenie Lectura -March 30, 2020
from Business Mirror

The Department of Energy (DOE) has awarded offshore wind power service contracts to the Triconti Windkraft Group of Cos., a partnership between Filipino-Swiss-German companies.

These offshore wind energy contracts are composed of two projects located in Aparri Bay, Northern Philippines and Guimaras Strait, Central Philippines.

According to the group, both projects have a combined potential output of over 1.2 gigawatt (GW).

“We are excited to bring the benefits that offshore wind power promises to the Philippines,” said Stefan Simon, Joint Venture partner and managing director of Stream Invest Holding, Switzerland. “With its scale and efficiencies, we believe that it offers a cost-competitive and greener alternative to conventional fuel power plants,” he added.

These are the first offshore wind power contracts awarded by the DOE. Offshore wind energy utilizes wind farms constructed in bodies of water, usually in ocean.

The Triconti Windkraft Group is optimistic about the country’s wind potential. The group’s president, Lila Rosenberger, said Guimaras Strait and Aparri Bay “showcase excellent, consistent wind speeds and are very accessible from the foreshore in terms of grid connectivity and maintenance.”

“With the quickly evolving wind turbine and offshore technology, it is quite realistic to expect that these projects can bring more than 1.2 GW of much needed clean and affordable power into the market,” she added.

The Triconti Windkraft Group also has 500megawatts of onshore wind under development, bringing its portfolio to over to 1.7GW in various areas around Visayas and Luzon. These projects are in different stages of predevelopment, with the first project in Nabas, Aklan, scheduled to come online by 2022.

Triconti is a member of Corporate Energies, a European renewable-energy group that offers the whole range of expertise to fulfill customer needs for planning, financing, construction, operation or optimization of clean energy power plants.

In the Philippines, Triconti focuses on wind energy. Over recent years it has grown steadily to become one of the largest independent project development companies in the country.

It is a member of the Asia Wind Energy Association, the Wind Energy Development Association of the Philippines, and the German-Philippine Chamber of Commerce and Industry.