San Miguel Bay
San Miguel Bay is a proposed ~901 MW (marketed "up to 1 GW") offshore wind project in the shallow, relatively typhoon-sheltered San Miguel Bay off Camarines Sur in the Bicol region of Luzon — positioned to become the first large-scale…
Status
Early Developmentlifecycle stage
PossibleHafrok delivery likelihood
Ownership
CIP — 75% ◇ACACEN — 25% ◇
Location
Philippine Sea
Technology
Capacity
901 MW ◇
Turbines
—
Foundation
—
Site & conditions
Site rights
Application filed 2024-10 ◇
Water depth
31–45 m ≈
Wind speed
6.6 m/s @ 150 m ≈
Revenue & grid
Offtake
—
Grid
—
Schedule
FID
Not taken
COD · announced
2028 ◇
COD · Hafrok
for registered readers
Delivery outlook modelled by Hafrok · calibrated on delivered projects
PossibleHafrok's delivery likelihood for San Miguel Bay
The developer says 2028. Hafrok's year sits later than that; the year, the chance and the working are for registered readers.
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Project timeline & ownership verified milestones on the spine · ownership from Hafrok's transactions record
1 dated milestone on the spine, each with its source · 2 recorded ownership deals from Hafrok's transactions record · the developer's announced-COD history
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Revenue & offtake contract terms, price levels and the route to market
the contract terms on record · price over time in money of the day · the routes to market and the next visible round
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Installation how the build is going · from sourced statements and Hafrok's registers
construction status and turbines standing · vessel and port contracts · the grid connection and whether it is ready in time
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Sources & verification
Rests on 6 sources (1 primary)
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Operator1
[1]
Auction pipeline1
[9]
Department of Energy (Philippines)2026
DOE GEA-5 — first offshore-wind-only Green Energy Auction; NOA/TOR 25 Nov 2025; 3,300 MW fixed-bottom OSW; GEAR PhP 11.00/kWh; awards targeted H2 2026.
supportsGreen Energy Auction GEA-5 (offshore wind)
Trade press4
[4]
offshoreWIND.biz2026-06-29
Press report — cited, not quoted; read it at the source link.
supportsCommercial operationTotal capacity
[6]
4C Offshore (TGS)2026-07-02
Press report — cited, not quoted; read it at the source link.
supportsCoordinates
[7]
[8]