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Philippines2d ago

Philippines greenlights $5.7B renewable projects

Philippines approves 13 renewable energy projects worth $5.7B under Green Lane initiative.

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1 verified
Location
Philippines
Updated
Thursday, 18 June 2026 at 14:10 UTC
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The Philippines Department of Energy has certified 13 renewable energy projects valued at PHP344.62 billion ($5.7 billion) under the Green Lane initiative in the first five months of 2026. The projects account for 99.6% of total Green Lane investments approved during the period. The Board of Investments expects these projects to generate approximately 38,716 direct jobs across the sector.
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