The agreement involves the supply of wind turbine generators for the Libmanan Wind Power Project in Camarines Sur, which is expected to achieve commercial operation by the end of 2026.
Envision Energy signed the turbine supply agreement with the EPC contractor PC1 Group in Vietnam.
The Libmanan project is part of the Philippines’ Green Energy Auction Program 2 (GEAP 2), a government-led initiative to fast-track the development of renewable energy sources through competitive auctions to meet the country’s target of 35% renewable energy in its power mix by 2030.
Envision's wind turbines will play a pivotal role in supporting the Philippines’ energy transition and decarbonisation efforts, the company said.
The project is also expected to create local jobs and drive economic growth in Camarines Sur.
Envision said this latest agreement marks another milestone in the Philippines, following previous contracts to supply wind turbines for ACEN’s 344.5MW Quezon North wind project, and Alternergy’s 128MW Tanay and 64MW Alabat wind project.
Envision Energy’s general manager of Asia & Africa regions John Lee said: “We are proud to collaborate with PC1 Group on this landmark project invested by Aboitiz Power.
“Our turbines combine cutting-edge technology with localised solutions, making them ideal for the Philippines’ energy transition.”
PC1 Group’s deputy general director Dang Quoc Tuong added: “Partnering with Envision and Aboitiz Power aligns with our vision to advance green energy projects across Asia.
“We are confident in delivering this landmark project on schedule.”