SP NEW ENERGY CORP. (SPNEC) has secured a P3.78-billion loan from the Philippine National Bank (PNB) to fund the expansion of its solar farm in Tarlac.

MANILA, Philippines — Alternergy Holdings Corp., chaired by former energy secretary Vince Perez, has seized control of two wind power projects with a total capacity of 246 megawatts (MW) in Quezon province.

The National Grid Corp. of the Philippines (NGCP) is seeking approval for about P33 billion ($589 million) in projects to connect power plants in its Luzon and Visayas grids, according to a company application.

Retail electricity supplier Shell Energy Philippines, Inc. (SEPH) is expanding its renewable energy (RE) portfolio to align with the Philippines’ goal of increasing clean energy in its generation mix.

Eight more firms have joined the Net Zero Carbon Alliance (NZCA), a group of local companies and organizations that commits to become carbon neutral, bringing to 41 the total number of its private sector partners since it was launched in 2021.

MANILA – Government policies that support the installation of more renewable energy (RE) projects make the Philippines attractive to foreign investors, an official of the British Embassy Manila said.

The government’s Green Lane Program for Strategic Investments has certified 216 projects with a combined value of P5.93 trillion as of Sept. 15, 2025, with renewable energy emerging as the country’s strongest magnet for capital.

The Department of Energy has released draft terms for its fifth open and competitive selection process to award renewable energy service contracts.

Renewable energy (RE) stakeholders in the Philippines are downplaying the potential negative effects of US President Donald Trump’s stance against renewable energy.

LOPEZ-LED First Gen Corp. expects to spend around $20 billion over the next five years to expand its power portfolio to 13 gigawatts (GW) within and outside the Philippines.