The Department of Energy (DOE) announces the list of Bidders under the Third Round of the Green Energy Auction (GEA-3) which formally accepted bid awards following the posting of the Notice of Award (NOA) on the DOE website on 10 June 2025. The Bidders confirmed their acceptance by submitting written confirmations to the Department.

Pan Pacific Renewable Power Phils. Corp. accepted the award for three hydroelectric power projects (HPPs), including two impounding HPPs, such as the 150 MW Gened 1 and 150 MW Gened 2 projects, and the 2,000 MW Maton Pumped-Storage HPP. All projects are located in Apayao.

Coheco Badeo Corporation confirmed its acceptance for the 500 MW Kibungan Pumped-Storage HPP, located in Benguet.

Olympia Violago Water and Power, Inc. and Ahunan Power, Inc., both affiliates of Prime Infra, also accepted the award for their pumped-storage projects. Olympia Violago will develop the 600 MW Wawa Pumped-Storage 1 HPP in Rodriguez, Rizal, while Ahunan Power will undertake the 1,400 MW Pakil Pumped-Storage HPP in Pakil, Laguna.

San Roque Hydropower, Inc., an affiliate of the San Miguel Group, likewise accepted the award for three pumped-storage projects, such as the 800 MW San Roque Lower East Pumped-Storage HPP and 800 MW San Roque West Pumped-Storage HPP, both located in Itogon, Benguet; and the 250 MW Aklan Pumped-Storage HPP in Malay, Aklan.

Finally, Energy Development Corporation (EDC) and its affiliate Bac-Man Geothermal Inc. accepted the award for two geothermal facilities: the 5.645 MW Bago Binary Geothermal Power Plant – Unit 1 in Bago City, Negros Occidental, and the 21.573 MW Tanawon Geothermal Power Plant – Unit 1 in Sorsogon City, Sorsogon.

Following the acceptance of bid awards by the aforementioned Bidders, a total capacity of 6,677.218 MW is expected to be delivered between 2025 and 2035. ###