Renewables drive PHP 340B Green Lane approvals in Jan-Apr 2026
- June 6, 2026
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The Department of Trade and Industry, through the Board of Investments (BOI), has certified 14 projects under the Green Lane initiative from January to April 2026, with total investments reaching PHP 340.07 billion and renewable energy accounting for nearly all of the approved capital.
BOI data showed that renewable energy accounted for 12 of the 14 certified projects, with combined investments of PHP 339.09 billion and projected employment of 37, 726 jobs. The total employment outlook across all projects reached 37, 828 jobs.
The latest approvals highlight a growing pipeline of large-scale wind, solar, and hydropower developments that could bolster the country’s renewable energy capacity while supporting employment and regional economic activity.
“These figures reflect strong investor confidence in doing business in the Philippines, supported by the ease of doing business under the Green Lane Initiative,” Trade Secretary and BOI Chair Ma. Cristina A. Roque said.

Among the largest projects approved this year are the Pangasinan Wind Farm, with an investment cost of PHP 52.31 billion and projected employment of 10,560 workers; the Samar Wind Farm, valued at PHP 43.59 billion with 8,800 expected jobs; the Nueva Ecija Wind Farm, also worth PHP43.59 billion and expected to employ 8,800 workers; and the Bulalacao Bay Offshore Wind Project, with investments reaching PHP 88.32 billion and projected employment of 2,200 workers.
According to the BOI, these four projects alone account for more than PHP 220 billion in investments and over 30,000 jobs.
Additional renewable energy projects certified under the Green Lane include developments of San Jose Onshore Wind Power Corporation, Ilosong Wind Corp., Energia Pulita Energy Corp., and Sembrano Wind Power Corp.
The investment pipeline also includes a floating solar project of 5Hour Peak Energy Corp. worth PHP 5.88 billion and hydropower developments by Alsons Energy Development Corporation and Oriental Energy and Power Generation Corporation. The BOI said the projects collectively support efforts to diversify the country’s power generation mix.
The agency noted that employment projections from Green Lane approvals more than doubled from 18,272 jobs recorded during the same period in 2025, reflecting a shift toward larger and more capital-intensive renewable energy investments.
Since the Green Lane’s establishment in February 2023 under Executive Order No. 18, the government has certified 237 projects worth PHP 6.32 trillion, with an estimated 421, 451 jobs.
Renewable energy remains the dominant sector in the program, accounting for 182 certified projects, PHP 5.42 trillion in investments, and an estimated 272,583 jobs since 2023.
“The Green Lane initiative is driving a strong pipeline of strategic investments, with certified projects largely anchored in renewable energy to support sustainable and inclusive economic growth,” BOI Investments Assistance Center Executive Director Bobby G. Fondevilla said. “The BOI remains steadfast in fostering a virtuous cycle of sustained and transformative growth for Filipinos.”
Outside the energy sector, two food security projects worth a combined PHP 980 million were approved during the period. The projects, led by Charoen Pokphand Foods Philippines Corporation in Cavite and Isabela, are expected to support agricultural production and rural livelihoods.
The Green Lane program provides expedited government processing for strategic investments through the One-Stop Action Center for Strategic Investments, aiming to shorten approval timelines and accelerate project implementation.
What do you think? Will the accelerating pipeline of Green Lane-approved renewable energy projects translate into faster project execution and meaningful additions to the Philippines’ power supply? Join the discussion.
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