The Department of Energy (DOE) is set to resume online acceptance and processing of renewable energy contract applications following a five-month halt.
In a statement Tuesday, DOE Undersecretary Rowena Cristina Guevara said the resumption entails a “more efficient” and streamlined approval processes through the Energy Virtual One-Stop Shop (EVOSS) System which will help boost the renewable energy sector in the country.
“Through these improvements, we hope to foster greater investment and development in the renewable energy sector, contributing to the goal of (a) renewable energy share of 35 percent by 2030, and 50 percent by 2040 in the power generation mix,” she said.
In particular, the improved EVOSS includes an online option for developers to obtain a Certificate of Authority (COA) before signing a renewable energy contract.
“With the inclusion of COA in the EVOSS application process and a cleaner list of registered renewable energy project developers, we can now monitor projects more effectively,” Guevara added.
The COA enables developers to secure permits and conduct surveys and pre-feasibility activities before the effectivity of the contract, allowing them to address possible challenges and prepare for project implementation.
For offshore wind projects, biomass, geothermal, hydropower, ocean, and onshore wind projects, the COA will be valid for three years; two years for floating solar; and one year for land-based solar projects.
“This will foster a more dynamic and competitive environment, driving innovation and efficiency, while ensuring that the energy transition is led by committed and capable developers,” Guevara said.
Besides the inclusion of COA, the DOE also updated its list of active renewable energy contracts alongside the utilization of a real-time updating system for available areas of renewable energy services and contract applications.
The DOE, meanwhile, is set to resume its EVOSS system on Nov. 25 when developers in the sector can start to submit their letters of intent and applications. (PNA)
