Balayan Nearshore Wind Power Project is a 140MW offshore wind power project. It is planned in Philippine Sea, Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed and currently owned by Basic Energy. The company has a stake of 100%.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.
For more details on Balayan Nearshore Wind Power Project, buy the profile here.
About Basic Energy
Basic Energy Corp (BEC), formerly Basic Petroleum Corp is a company that provides renewable energy and alternative fuels, and oil and gas exploration and development. The company operates oil and gas, geothermal energy, and hydropower energy projects. It provides geothermal energy projects such as Mabini, Batangas Geothermal service contracts. BEC conducts oil exploration and development activities in offshore and onshore areas of Mindoro province in the Philippines. The company also maintains solar photovoltaic farms. It operates through its subsidiaries in the Philippines, the US, Hong Kong, and others. BEC is headquartered in Makati, the Philippines.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
