The Department of Energy (DOE) welcomed the certification of 13 renewable energy (RE) projects worth PHP 344.62 billion under the government’s Green Lane initiative during the first five months of 2026, underscoring the sector’s growing role in expanding power capacity and attracting investments.

According to the DOE, the 13 RE projects accounted for 99.6% of the PHP 346 billion worth of Green Lane-certified investments approved from January to May this year.

The projects are also expected to generate 38, 716 direct jobs, representing 99.7% of the initiative’s total projected employment target of 38, 818 jobs for the same period.

“The PHP 344.62 billion that investors are committing to RE under the Green Lane is proof that the Philippines is a destination for clean energy business, and that Filipino workers will be the first to benefit,” Energy Secretary Sharon S. Garin said.

“Every megawatt of solar, wind, hydro, and geothermal power we bring online is a community energized, and a step closer to true energy independence. We will continue to work with our industry partners to ease every barrier standing between these projects and the Filipino people they are meant to serve,” she added.

The Green Lane initiative, established through Executive Order No. 18 in February 2023, aims to expedite the processing of permits and approvals for strategically significant investments.

Since its implementation, the Board of Investments (BOI) has certified 237 projects valued at PHP 6.32 trillion, which are expected to create 420, 037 jobs. Of these, 182 renewable energy projects worth PHP 5.41 trillion have been endorsed under the program, making RE the largest sector in the Green Lane portfolio.

The DOE attributed the continued growth in renewable energy investments to streamlined regulatory processes, improved policy certainty, and sustained government support for clean energy development.

The Philippines is targeting a renewable energy share of 35% in the power generation mix by 2030 and 50% by 2040.

What do you think about the growing share of renewable energy projects in the Green Lane pipeline? Join the discussion.

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