Makati: Department of Energy (DOE) Secretary Sharon Garin on Friday expressed confidence in hitting the government's goal to increase the share of renewable energy (RE) to the total power mix to 35 percent by 2030, given the huge interest among investors.
According to Philippines News Agency, interests are coming in for solar, wind, waste-to-energy and even geothermal. Garin highlighted that the DOE's green energy auction (GEA) serves as a significant boost to the government's efforts to increase the share of RE in the total power mix.
As of June 2025, renewable energy accounts for 32.3 percent of the country's total installed capacity. Garin stated that these power projects will assist the government in reaching its target to increase RE sources to 35 percent of the total mix by 2030, and to 50 percent by 2040.
Garin pointed out several power projects, such as the 3,500MW-peak (MWp) integrated solar and battery energy storage facility being developed by a subsidiary of Meralco PowerGen Corporation (MGen), MTerra Solar Philippines Inc. in Nueva Ecija. This project, she noted, enhances domestic capacity and will aid in achieving the shift towards more renewable energy.
Garin also mentioned that the directive for government offices and local government units (LGUs) to establish rooftop solar sources in their buildings will contribute to this goal. "We're on track and we are pushing for more programs. So I'm quite confident that it's a doable task," she added.
