The Department of Energy (DoE) said it will start accepting applications for renewable energy (RE) contracts through the Energy Virtual One-Stop Shop (EVOSS) System next week, following li.fta five-month suspension.
Starting November 25, RE developers will be able to submit their official letters of intent and applications for RE contracts through EVOSS, the DoE said in a statement on Tuesday.
“This restart marks an important step in advancing the country’s renewable energy goals, facilitating efficient project approvals while ensuring that future developments are consistent with the new regulatory framework,” said Energy Undersecretary Rowena Cristina L. Guevara.
Ms. Guevara hopes for “great investment and development in the renewable energy sector” following the development, which contributes to the goal of increasing the share of RE in the electricity generation mix.
Processing of RE applications through the EVOSS Program was suspended on June 25 to allow the DoE to adjust the application process, to comply with the revised omnibus guidelines governing RE contracts issued on June 10.
The DoE has also changed the option for developers to obtain certificate of authority (CoA) before signing a renewable energy contract. This allows developers to begin processing permits, surveys and feasibility studies before the official 25-year contract period.
“By adding CoA to the EVOSS application process and a clean list of registered renewable energy project developers, we can now monitor projects more effectively,” said Ms. Guevara.
“This will foster a dynamic and competitive environment, driving innovation and efficiency, while ensuring that the energy transition is led by committed and talented developers,” he added. – Sheldeen Joy Talavera
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