The wind farm, which is located in Ilocos Norte, in the north of the country, will use 27 V90 wind turbines if the order becomes unconditional.
Since 2010, operational wind capacity in the Philippines has remained at 33MW. However, in mid-2012 the state-run Energy Regulatory Commission (ERC) finally approved feed-in tariff (FIT) rates for wind, biomass, solar and hydroelectric. The wind FIT is PHP 8.53/kWh ($0.21/kWh).
Implementing FIT rates should start to get the Philippines' wind industry moving. The government is targeting 200MW of wind between 2013 and 2015, although the earliest project will be completed in mid-2014.
The announcement of the contract follows this week's visit to the country by Vestas CEO Ditlev Engel, who met with the government.
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