The following elements serve as critical enablers for the development of the offshore wind supply chain in the Philippines:

• Significant capital investment in local supply chain,

• Policy and government support including comprehensive renewable energy policies and financial incentives, such as subsidies and grants,

• Investment in port facilities to meet the specific needs of the offshore wind industry,

• Education and research facilities expanding the local offshore wind knowledge base,

The Philippines has strong potential to become a key player in the APAC offshore wind market, thanks to its resources like shipbuilding, skilled labour, and critical minerals.

However, policy improvements are needed to fully unlock these opportunities. While initial offshore wind projects will rely mostly on foreign supply chains, there is an opportunity for the Philippines to develop its own local supply chain in some segments.

To capture this potential, a comprehensive industrial strategy for the wider renewable energy sector could be developed.