Yuchengco Group Partners With China’s Ming Yang for 2-GW Offshore Wind Project in Ilocos Norte

 

The Yuchengco Group is strengthening its position in the Philippines’ renewable energy industry through a strategic partnership with Chinese wind turbine manufacturer Ming Yang Smart Energy Group Ltd., targeting large-scale offshore wind development, led by a proposed 2-gigawatt project off the coast of Ilocos Norte.

The collaboration brings together PetroGreen Energy Corp. (PGEC), the Yuchengco Group’s renewable energy arm, and Ming Yang to evaluate the technical and commercial requirements of developing offshore wind facilities in the country.

Their initial focus will be the Northern Luzon Offshore Wind Project, a major undertaking that could help establish offshore wind as another significant source of electricity for the Philippines.

Under the agreement, both companies will conduct comprehensive assessments covering turbine technology, projected electricity output, project design, development strategies, logistical requirements and estimated investment costs. These studies will help determine the most appropriate technologies and implementation approach for bringing offshore wind generation to commercial scale.

Beyond engineering and project assessments, Ming Yang will contribute to workforce development through training and capacity-building programs. The initiative aims to expand local technical expertise, an important requirement as the Philippines prepares to enter an industry that demands specialized knowledge in offshore engineering, turbine installation and maintenance.

The partnership also extends beyond wind energy. PGEC and Ming Yang intend to explore potential investments and cooperation in battery energy storage, solar power and other developing clean energy technologies.

PGEC said the agreement combines its experience in Philippine renewable energy development with Ming Yang’s capabilities in offshore wind technology and manufacturing.

The signing took place in China on November 6, with PGEC president and CEO Francisco Delfin Jr. and Ming Yang president Zhang Qiying formalizing the agreement. Yuchengco Group chairperson Helen Dee and Ming Yang chairman and founder Zhang Chuanwei attended as witnesses.

Three Offshore Wind Projects in Development

The Northern Luzon initiative is part of PGEC’s broader strategy to expand its renewable energy portfolio. Through its subsidiary Buhawind Energy Philippines, the company is targeting 2030 for the completion of the 2-GW Ilocos Norte development.

The project is among the leading candidates to deliver the Philippines’ first electricity generated from offshore wind facilities, potentially opening a new chapter in the country's renewable energy transition.

Buhawind Energy is also pursuing two additional offshore wind developments, each with a potential generating capacity of 1,000 megawatts. These projects are planned for northern Mindoro and Panay.

Taken together, the three developments represent a potential offshore wind portfolio of up to 4,000 megawatts, positioning the Yuchengco Group as a significant participant in the country's emerging offshore wind industry.

The partnership with Ming Yang provides PGEC access to specialized technology and manufacturing expertise as it works to advance these projects. More broadly, the collaboration reflects the growing importance of international partnerships in developing renewable energy infrastructure that requires substantial capital, advanced engineering and long-term technical capabilities.