Ming Yang Joins PetroGreen's 2GW Offshore Wind Development Plans

PetroGreen Energy Corporation (PGEC) has signed a strategic cooperation agreement with Chinese wind turbine manufacturer Ming Yang Smart Energy Group to support the development of offshore wind projects in the Philippines, initially focusing on the planned 2 GW Northern Luzon Offshore Wind Project.

The agreement was signed on November 6 in Zhongshan, China, and establishes a framework for technical, logistical and economic cooperation between the companies.

It provides a framework for evaluating potential projects, with specific commercial and investment arrangements remaining subject to further discussions and separate definitive agreements.

The Northern Luzon Offshore Wind Project, located in Ilocos Norte, is being developed by PGEC's affiliate, Buhawind Energy Northern Luzon Corporation (BENLC).

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