The Department of Energy (DOE) said in a release today that the country’s investment climate remained robust as the Board of Investments approved PHP 479.78 billion worth of power and electricity projects from 261 applications filed between January and November 2025. The sector accounted for 58.74% of all BOI-approved investments during the period, spotlighting energy’s dominant role in the year’s project pipeline.

DOE noted that the strong flow of capital reflects continued confidence in the Philippines’ long-term energy development agenda. The agency said the trend supports efforts to reinforce energy security and widen access to modern energy services across the country, especially within fast-growing regions.

Energy Secretary Sharon S. Garin said the investments represent more than industry growth, stressing their impact on economic stability and community development. 

“We welcome the BOI’s robust investment pipeline, particularly in energy infrastructure. These are not just numbers on a board. They represent critical projects that will strengthen our economy, create jobs, and uplift communities,” she said. “For the DOE, every peso invested in energy is an investment in our people’s future.”

The DOE emphasized that its policy direction remains focused on aligning investment inflows with the country’s transition and development goals. Garin said coordination among private firms, national government agencies, and LGUs is essential to ensure that approved projects translate into functional, long-term energy assets. 

“Our direction is clear. We will continue to work closely with the private sector and our partner agencies… to ensure that these approved investments will ripen into beneficial and tangible energy infrastructure for our people,” she said.

According to the DOE, several big-ticket proposals are also under BOI evaluation, including hydropower projects totaling 2.4 gigawatts and offshore wind developments with a combined capacity of 3.7 gigawatts. The agency said these projects, once implemented, will significantly expand clean energy capacity and strengthen grid reliability across the archipelago.

Garin added that these technologies are central to the country’s medium- and long-term planning. “Hydropower and offshore wind are central to our medium- and long-term energy planning. They bring us closer to our renewable energy targets and help shield Filipino consumers from volatile fossil fuel prices,” she said. “We are building an energy system that is not only bigger, but also cleaner, smarter, and more resilient.”

How can sustained private-sector investment help accelerate the Philippines’ shift toward a more secure and sustainable energy system?

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