Access to financing for wind energy projects in the Philippines remains tightly linked to project readiness, with lenders requiring full regulatory and contractual compliance before releasing funds, industry players said.

Offshore wind projects in the Philippines could take up to a decade to develop, highlighting a growing gap between ambitious rollout targets and the complex realities of building large-scale projects.

Shell Energy Philippines (SEPH) has entered into a 15-year renewable energy supply agreement with Minebea Mitsumi Philippines, marking a significant step in supporting the company’s transition to clean energy across its operations.

Strong, continuous stakeholder engagement will be critical to the successful rollout of offshore wind projects in the Philippines, according to infrastructure consultancy GHD, amid the country’s accelerating renewable energy expansion.

First Gen Corporation is on track to complete its 120-megawatt Aya pumped-storage project in Nueva Ecija by the fourth quarter of 2026, as part of its efforts to expand its hydropower portfolio.

THE Energy Regulatory Commission (ERC) has adopted a modified administered price (MAP) for the Wholesale Electricity Spot Market (WESM) meant to manage high electricity prices and ensure grid stability given the geopolitical conflict between the US, Israel and Iran.

The Energy Regulatory Commission (ERC) has moved to strengthen coordination with power generators as it works on interim market rules during the continued suspension of the Wholesale Electricity Spot Market (WESM).

THE energy sector, particularly renewable energy, accounted for the largest share of investment approvals in the Philippines in the first two months of 2026, as total cleared projects reached P47 billion, according to the Board of Investments (BOI).

THE Department of Energy (DOE) has moved to fast-track net metering applications, requiring distribution utilities (DUs) and electric cooperatives (ECs) to process within 10 working days, and three working days for local governments (LGUs).

THE Department of Energy (DOE)—Department of Justice (DOJ) Task Force will reconvene to jointly enforce the newly-issued operating guidelines against hoarding in the downstream oil industry during a State of National Energy Emergency (SNEE).