Petrogreen Partners With Ming Yang To Advance 2 GW Offshore Wind Project In The Philippines

PetroGreen Energy Corporation (PGEC), led by the Yuchengco Group, has signed a strategic cooperation agreement with Chinese wind turbine manufacturer Ming Yang Smart Energy Group Ltd. to advance offshore wind power development in the Philippines. The agreement was formalized in Zhongshan, China, establishing a framework for collaboration between the two companies in developing large-scale renewable energy projects.

The partnership will primarily focus on the proposed 2 GW Northern Luzon Offshore Wind Project in Ilocos Norte. The project is being managed by Buhawind Energy Northern Luzon Corporation (BENLC), an affiliate of PetroGreen Energy Corporation. The initiative represents a significant step towards expanding the Philippines’ offshore wind capacity and supporting its transition to cleaner energy sources.

Under the agreement, PetroGreen and Ming Yang will work together to conduct detailed technical, logistical, and economic feasibility studies for the project. The assessments will examine suitable offshore wind turbine technologies, expected electricity generation, deployment approaches, and estimated project costs. These studies are expected to help both companies evaluate the technical requirements and commercial potential of the proposed offshore wind development.

The collaboration will also focus on strengthening local technical capabilities and developing skilled professionals in the offshore wind sector. Ming Yang has committed to supporting specialised training programmes covering advanced offshore wind technologies. These programmes will target engineering students, university faculty members, and industry professionals across the Ilocos Region. The initiative aims to improve local knowledge and prepare the workforce for future offshore wind development and operations.

In addition to the Northern Luzon project, the companies have discussed opportunities to expand their cooperation across other renewable energy technologies in the Philippines. Potential areas of collaboration include solar power, battery energy storage systems (BESS), and other complementary clean energy solutions. Such cooperation could support the development of an integrated renewable energy portfolio and improve the country’s energy infrastructure.

However, the agreement does not represent a final investment commitment or construction decision. Both companies clarified that specific commercial investments, project implementation arrangements, and construction plans will be subject to further negotiations and separate definitive agreements.

PetroGreen continues to expand its renewable energy portfolio across solar, geothermal, and wind power. Its partnership with Ming Yang reflects its broader strategy to support the Philippines’ clean energy transition, strengthen energy security, and promote sustainable power development.