THE BLUE CIRCLE and its partner ACCIONA ENERGÍA Break Ground on 100.8 MW Wind Farm in Laguna, Philippines

Philippines, November 2024 - THE BLUE CIRCLE and its partner ACCIONA ENERGÍA marked a significant milestone in the Philippines' renewable energy sector with the groundbreaking ceremony of the Kalayaan 2 Wind Farm on November 13, 2024. The ceremony, held in the municipalities of Kalayaan and Paete in Laguna province, brought together key stakeholders from government agencies and financial institutions, underlining the strong support for renewable energy development in the Philippines.

The groundbreaking event was attended by distinguished guests including representatives from the Department of Energy (DOE), Board of Investments (BOI), Congressional leadership, Laguna Lake Development Authority, Enterprise Singapore, and partner banking institutions. Their presence demonstrated the broad-based support for this significant renewable energy project.

The Kalayaan 2 Wind Farm, representing an investment of approximately ₱8.7 billion (US$150 million), will feature 17 Goldwind GW165 GW wind turbines, for a total capacity of 100.8 MW. Upon completion in 2026, the facility will generate enough clean energy to power approximately 85,000 Filipino homes while preventing the emission of 320,000 tons of CO₂ annually. This project marks the first phase of the ambitious 350 MW Kalayaan Project, setting a new benchmark for renewable energy development in the region.

The Kalayaan 2 Wind Farm plays a crucial role in supporting the Philippine Government's renewable energy targets, which aim to increase the share of renewables in the energy mix to 35% by 2030 and 50% by 2040.

The Blue Circle together with its partner ACCIONA Energia continue to strengthen its renewable energy portfolio in the Philippines with several projects under development, including the second phase of Kalayaan (249 MW), the Baao Wind Energy Project in Camarines Sur (210.8 MW), and the Ibajay Wind Energy Project in Aklan and Antique provinces (80.6 MW).

ACCIONA Energía, recognized as the world's greenest power generation company for nine consecutive years, brings its global expertise of over 14 GW of total installed capacity to this project. Meanwhile, The Blue Circle, with its portfolio exceeding 2.5 GW of attributable capacity in renewable energy projects under development or construction in the Philippines, is part of the leading clean energy players in the country and is committed to the country's sustainable energy future.

[Photo caption: Government officials, financial partners, and executives from THE BLUE CIRCLE  and ACCIONA ENERGÍA at the groundbreaking ceremony of Kalayaan 2 Wind Farm in Laguna province]

#RenewableEnergy #WindPower #CleanEnergy #Sustainability #Philippines #ACCIONAEnergia #TheBlueCircle

THE BLUE CIRCLE Wins Prestigious Singapore APEX Sustainability Award 2024

Singapore, October 2024 - The Blue Circle, ASEAN leading renewable energy developer, is proud to announce its recent distinction at the Singapore APEX Sustainability Awards ceremony 2024. The company was honoured in the Sustainable Business Category (SME), receiving the award from Dr. Koh Poh Koon, Senior Minister of State, Ministry of Manpower, Sustainability and Environment.

This prestigious prize recognizes The Blue Circle's outstanding commitment to sustainability in its operations and its positive impact on communities surrounding its projects. The award was presented to Mr. Olivier Duguet, CEO and to Ms. Priyanka Awasthi, Chief Sustainability Officer at a ceremony held in Singapore.

Mr. Olivier Duguet, CEO of The Blue Circle, expressed his pride in the company's achievement: "As one of the very few companies producing wind power based in Singapore, this award is a testament to not only the sustainability of our activity but also to our conscious and responsible vision of renewable power implementation. I would like to extend a special thanks to the hard work and dedication of our entire team, especially Priyanka and our Sustainability department. It validates our ongoing focus to integrate sustainable practices into every aspect of our business and reinforces our position as a leader in renewable energy development in the region."

The Singapore APEX Sustainability Awards, organized by the UN Global Compact Network Singapore, involve a rigorous selection process that evaluates companies' sustainability initiatives and their alignment with UN global sustainability goals.

This recognition further cements The Blue Circle's reputation as a company committed to driving positive change in the energy sector and contributing to a more sustainable future.

Apex Awards Winners Video: https://www.youtube.com/watch?v=KlALEBJMVUY

Hashtags #ApexAwards2024 #CorporateSustainability #GlobalGoals #GalaDinner #SustainableBusiness #SustainableSolution #LowCarbonSG"

The Blue Circle Continues its Commitment to Community Health

Paete, Laguna - August 10, 2024

The Blue Circle (TBC) reaffirmed its dedication to fostering healthier and more sustainable communities by successfully organizing its second medical mission in Paete, Laguna. This initiative, part of TBC's Corporate Social Responsibility (CSR) program, was conducted in collaboration with the Municipality of Paete and Opus Mariae Mediatricis Foundation Inc. (OMFFI).

The one-day event, held in support of the Kalayaan 2 Wind Power Project, provided free medical, dental, and optical check-ups, along with complimentary medicines to over 600 beneficiaries from both upland and lowland areas of Paete.

This medical mission underscores The Blue Circle's ongoing efforts to create positive impacts in its host communities, aligning with its vision of a healthier and more sustainable future for all. By partnering with local governments and NGOs, TBC continues to make a tangible difference in people's lives, promoting health and well-being alongside its sustainable energy initiatives.

#TheBlueCircle #ESG #CRS #Sustainability#Communityhealth

The Blue Circle Receives Green Lane Endorsement from The Board of Investments for Three Wind Projects

Manila, August 5.  Last Thursday, as part of the Philippines’ government goal to facilitate green investments in local projects, the Board of Investments (BOI) awarded the Green Lane Certificate of Endorsement to The Blue Circle (TBC) for three of its onshore wind energy projects. The awarded projects are the Kalayaan 4 Wind Energy Project, located in Laguna and Quezon provinces with a capacity of 303.8 MW, the Baao Wind Energy Project located in Camarines Sur province with a capacity of 210.8 MW and the Ibajay Wind Energy Project, located in Aklan and Antique provinces with a capacity of 80.6 MW.

In accordance with Executive Order No. 18 on “Constituting Green Lanes for Strategic Investments,” from President Ferdinand Marcos Jr., these three projects will now be considered as strategic investments for the Philippines. Obtaining green lane status serves to expedite permit and license issuance, including resolving strategic investment issues.

“We are very pleased to receive these three awards for our Kalayaan 4, Baao and Ibajay projects, and honored by the continuous trust that has been placed in us by the BOI. We reiterate our steadfast commitment to delivering clean electricity to the Philippines in the fastest way we can, as we are actively developing these three projects to match the country’s RE targets by 2030. This is also illustrated by our Kalayaan 2 project which was the first onshore wind project to be awarded the Green Lane Certificate of Endorsement and has notably been the fastest to reach ready-to-build status among all Greenlane awarded wind projects.”, says Olivier Duguet, Chairman & CEO of TBC.

TBC owns an overall portfolio of more than 2.5 GW worth of attributable capacity all coming from renewable energy projects under development or construction in the Philippines, with its first project of Kalayaan 2 slated for commissioning by mid-2026.

Aligned with the Department of Energy’s 35% target of renewable energy in the power generation mix by 2030, these three projects will contribute to accelerate the Philippines’ goal to reduce harmful greenhouse gas emissions while promoting economic growth in the project’s region and protecting the health and environment of its stakeholders.

About The Blue Circle. Founded in 2013, The Blue Circle identifies, develops, finances, owns and operates renewable energy projects in Southeast Asia. The Blue Circle uses the most advanced technology to build responsible and sustainable projects in harmony with the local communities. Having offices in Singapore, Ho Chi Minh City, Bangkok, Phnom Penh and Manila, as well as in house wind engineering and construction management teams, The Blue Circle is the leading Southeast Asia clean power company. Its teams are committed to changing the world one green electron at a time.

The Blue Circle Secures CEPNS From The Department Of Energy For Three Wind Projects

THE BLUE CIRCLE BOOSTS THE PHILIPPINES' RENEWABLE ENERGY GOALS, SECURING CEPNS FROM THE DEPARTMENT OF ENERGY FOR THREE ONSHORE WIND PROJECTS

Manila, July 30. The Blue Circle (TBC) received this week the “Certificate of Energy Project of National Significance” (CEPNS) from the Department of Energy (DOE) for three of its onshore wind energy projects.

The three awarded projects are the Kalayaan 4 Wind Energy Project, located in the Laguna and Quezon provinces with a capacity of 303.8 MW, the Baao Wind Energy Project, located in the Camarines Sur province with a capacity of 210.8 MW and the Ibajay Wind Energy Project, located in the Antique and Aklan provinces with a capacity of 80.6 MW. These projects are notably the first fully foreign-owned onshore wind energy projects to receive the CEPNS.

“We are honoured to receive the CEPNS from the Department of Energy for our Kalayaan 4, Baao and Ibajay projects, which will bring a total combined capacity of close to 600 MW to the Philippines’ energy mix. We are truly grateful to the DOE for acknowledging how crucial these three projects will be as a source of clean electricity and for the energy security of the country. Our commitment to helping the Philippines achieve its RE targets by 2030 remains unwavering and we will keep working hard to repay the trust that has been bestowed upon us by the government and help the country progress in its clean energy transition.”, says Olivier Duguet, Chairman & CEO of TBC.

In accordance with the DOE Department Order No. DO2024-04-0003 released last April, an energy project shall be certified if it has significant capital investment of at least Php 3.5 billion and contribution to the country’s economic development through greater access to energy and energy supply security.

CEPNS are issued to “energy projects that are found to have significant impact on the country’s energy sufficiency, security, reliability and stability, economic development, technological progress, and environmental protection.” It will fast-track the issuance of permits and clearances required by different concerned government agencies for energy projects.

TBC owns an overall portfolio of more than 2.5 GW worth of attributable capacity all coming from renewable energy projects under development or construction in the Philippines and has seen continuous growth in the country since its first footprint in 2018.

About The Blue Circle. Founded in 2013, The Blue Circle identifies, develops, finances, owns and operates renewable energy projects in Southeast Asia. The Blue Circle uses the most advanced technology to build responsible and sustainable projects in harmony with the local communities. Having offices in Singapore, Ho Chi Minh City, Bangkok, Phnom Penh and Manila, as well as in house wind engineering and construction management teams, The Blue Circle is the leading Southeast Asia clean power company. Its teams are committed to changing the world one green electron at a time.