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
Philippines
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.
Free for registered readers in early access · register below ↓

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
For registered readers · register below ↓

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
For registered readers · register below ↓

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
For registered readers · register below ↓

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]
ACEN2025-05-29
supportsoperatorownerConsentSite rightsConsent applied
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]
GEBCO Compilation Group2020
supportsWater depth
[8]
DTU Wind Energy / World Bank (Global Wind Atlas)2026
supportsMean wind speed
Early access

Follow the offshore wind projects that matter to you.

Hafrok's data and analysis. Free while in early access.

  • The data, in full: the project database as an Excel workbook, Hafrok's expected delivery outlook on every project still to build, the full project records, the transaction database and the developer profiles
  • Hafrok Monitor: follow projects, developers or countries, and Hafrok Monitor mails you what moved on your list, with the source and the date: every Monday morning, or as it happens
  • Hafrok Commentary: analysis of the offshore wind market, when there is something to say
Register, free.

Name and email, no password. Everything listed here opens across the site.

Registering includes news on the projects you follow (Hafrok Monitor), notices about your account, and the occasional question from me about how Hafrok works for you. Switch the Monitor off on your account page, or unsubscribe from any mail with one click. Privacy.