The Department of Energy (DOE) announced on Thursday, June 11, 2026, that 13 renewable energy (RE) projects valued at P344.62 billion have been certified under the government's Green Lane initiative, underscoring the Philippines' accelerating transition to clean and sustainable energy.
RE as headline of economic growth
Energy Secretary Sharon Garin stated, "RE is not a side story in our economic growth, it is the headline." She emphasized that the P344.62 billion committed by investors under the Green Lane demonstrates that the Philippines is a prime destination for clean energy business, with Filipino workers being the primary beneficiaries.
Garin noted that each new megawatt of solar, wind, hydro, and geothermal capacity not only powers communities but also moves the country closer to energy independence. She added that the government will continue collaborating with industry stakeholders to eliminate barriers that delay project implementation and ensure these investments benefit Filipinos.
Job creation and power demand
The Board of Investments (BOI) earlier reported that 13 RE projects worth P344.62 billion were certified under the Green Lane initiative in the first five months of 2026. The RE project pipeline is projected to generate 38,716 direct jobs.
The DOE emphasized that these projects are vital to meeting the country's growing power demand, as the Philippines must significantly expand its total installed generating capacity in the coming years to keep pace with economic growth and increasing household electrification.
Green Lane initiative achievements
Since the Green Lane initiative took effect in February 2023 under Executive Order No. 18, the BOI has certified a total of 237 projects worth P6.32 trillion, expected to create 420,037 jobs. Of these, 182 renewable energy projects accounted for P5.41 trillion in investments.
The DOE reaffirmed its commitment to achieving the Philippines' renewable energy targets of 35 percent by 2030 and 50 percent by 2040. It will continue working with government agencies, investors, and communities to make clean energy the cornerstone of the country's long-term economic and development agenda.
