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Philippines installs record-high renewable energy capacity in 2024
Market

Philippines installs record-high renewable energy capacity in 2024

The renewable energy sector in the Philippines has seen significant growth, with the Department of Energy (DOE) reporting a record high in installed capacity for 2024, exceeding the combined total of the past three years.

February 13, 2025

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Philippines installs record-high renewable energy capacity in 2024
Market

Philippines installs record-high renewable energy capacity in 2024

The renewable energy sector in the Philippines has seen significant growth, with the Department of Energy (DOE) reporting a record high in installed capacity for 2024, exceeding the combined total of the past three years.

February 13, 2025
Sembcorp enters Philippine renewable energy race with solar investment
Market

Sembcorp enters Philippine renewable energy race with solar investment

Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines.

February 05, 2025
Philippine city’s flood defense strategy backfires with deforestation
Environment

Philippine city’s flood defense strategy backfires with deforestation

Flood-mitigation infrastructure built in the southern Philippines for more than $100 million by clearing native vegetation could exacerbate flood risk in the future.

January 17, 2025
Philippines struggles to break free from coal despite renewables pledge
Market

Philippines struggles to break free from coal despite renewables pledge

The government has ambitious plans for renewable energy but coal power is still on the rise.

December 18, 2024
Record-breaking Philippines typhoon season was ‘supercharged’ by climate change
Environment

Record-breaking Philippines typhoon season was ‘supercharged’ by climate change

This year’s record-breaking typhoon season in the Philippines – which saw six consecutive storm systems hit the country in under a month – was “supercharged” by climate change, according to a rapid attribution study.

December 16, 2024
Philippines' renewable energy market to enter full commercial operation
Regulation

Philippines' renewable energy market to enter full commercial operation

Starting on Dec. 26, the Department of Energy (DOE) of the Philippines has announced that the Renewable Energy Certificate (REC) trading system will fully return to a market-driven mechanism.

December 11, 2024
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