Three years after the Philippines removed limits on foreign ownership in renewable energy (RE) ventures, the Department of Energy (DOE) reported a surge of international participation driving the country’s clean energy transition....
The Philippines already holds three of the key assets needed to build a competitive offshore wind economy—a skilled maritime workforce, strong shipbuilding capacity, and abundant mineral resources, according to a new policy...
The Philippine government is set to borrow USD 800 million (over PHP 45 billion) from the World Bank in early 2026 to fund reforms that will accelerate renewable energy adoption, strengthen the...
Photo credit: PNAThe Philippines is drawing heightened interest from British renewable energy (RE) firms, particularly for offshore wind projects, the British Embassy in Manila said. “Everyone’s looking at the Philippines, everyone’s taking...
The Philippine Ports Authority (PPA) is set to transform three Luzon ports into offshore wind terminals by 2028, with investments projected at PHP 47 billion, in line with government targets to deliver...
ACEN Australia has secured federal approval for its 900-megawatt Robbins Island Wind project, marking one of the largest private investments in Tasmania’s history and a critical step in Australia’s clean energy transition....
The United Kingdom emerged as a major backer of the Philippines’ renewable energy sector last year, channeling a record USD 764 million in net foreign direct investments (FDI), according to the Department...
Buhawind Energy Northern Luzon Corporation (BENLC) has received the Facilities Study (FS) approval from the National Grid Corporation of the Philippines (NGCP) for its 2,000 MW Northern Luzon Offshore Wind Power Project...
Basic Energy Corp. (BEC) is laying the groundwork for a strategic shift toward nearshore and offshore wind development, with the company preparing to raise around USD 300 million to fund ongoing and...
Camarines Sur Governor Luis Raymund “LRay” Villafuerte has called on international investors to explore renewable energy and infrastructure opportunities in his province, positioning CamSur as the Philippines’ “renewable energy capital” at a...
