Planned additions to green energy capacity are expected to reduce prices by between 0.90 pesos and 1.32 pesos per kWh.

Civil society groups in this city and the Northern Mindanao region have expressed their readiness to collaborate with ...

The Philippines, which imports most of its fuel needs, aims to raise the share of renewable energy in its power mix to 35% by 2030 and 50% by 2040. Renewables made up 22.8% of its mix in 2022.

The momentum for renewable energy is accelerating in the Philippines—and for good reason. The country recently ranked second among emerging markets in BloombergNEF’s Climatescope report, affirming its ...

The company believes the Philippines has substantial potential for renewable energy growth, especially following the government's move in 2022 to allow foreign investment in power plants.

MANILA, Philippines, Jan. 23, 2025 /PRNewswire/ -- Tourism contributed 8.6% to the Philippines' GDP in 2023, demonstrating its significance to the national economy. According to the 2023 ...

Image: Masdar. Emirati state-owned renewable energy project developer Masdar has entered the Philippines market with plans to develop 1GW of solar PV, wind and battery energy storage systems (BESS).

Image: ib vogt. The Philippines Department of Energy (DOE) has started an auction scheme for renewable power paired with storage which aims to tender over 9GW of capacity.

The Philippines, which imports most of its fuel needs, aims to raise the share of renewable energy in its power mix to 35% by 2030 and 50% by 2040. Renewables made up 22.8% of its mix in 2022.