DOE: 120-GW new RE projects to boost grids

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December 12, 2025 | 12:00am

MANILA, Philippines —  Around 120 gigawatts of new renewable energy (RE) projects are set to strengthen the national grid and accelerate the country’s transition toward cleaner power, according to the Department of Energy.

DOE Undersecretary Mylene Capongcol said the upcoming power projects include both indicative and committed developments, citing a “high level of investor interest” in the country’s RE sector.

“Our task is clear: to ensure that our energy system is secure, affordable, reliable and climate resilient. And that the investments we have attracted are fully executed, bankable and delivered on the ground,” Capongcol said yesterday at the 2025 Energy Security Forum.

“Committed” refers to projects that have secured financial closure or are already in construction stages, while “indicative” includes those that have no firm commercial operations date.

Although interest is high, Capongcol noted that these projects can only move forward through effective execution.

The DOE official emphasized the need to close the gap between approval and operation and ensure that the right policies and financing mechanisms are in place to support project development.

“Energy security will ultimately be determined not only by how many megawatts we approve, but by how resilient, integrated and investable our entire energy supply chain becomes,” Capongcol said.

“What we seek are strategic investments that strengthen system resilience, accelerate project execution and anchor long-term energy security for our people,” she said.

From January to November, RE facilities totaling P1.42 trillion dominated the list of projects certified by the Board of Investments (BOI) for green lane treatment.

Green lane certifications help streamline, simplify and automate approvals for high-impact projects like RE to ensure swift realization of the investment.

In terms of approved investments, BOI recorded around P479.78 billion worth of power projects during the 11-month period.

“Our direction is clear. We will continue to work closely with the private sector and our partner agencies in the national government and local government units to ensure that these approved investments will ripen into beneficial and tangible energy infrastructure for our people,” Energy Secretary Sharon Garin said.

Under the Philippine Energy Plan, the government aims to increase the share of renewables in the power mix to 35 percent by 2030 and 50 percent by 2040 from the current 22 percent.