A Power From B9

Reforms that have successfully drawn investments in the sector.

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"Programs such as GEA, the steady growth in renewable energy capacity and the increasing investor confidence in our energy transition framework underscore our collective progress in advancing the President's policy agenda," Garin said. "As we move ahead, the department shall continue to promote collaboration, uphold transparency and pursue innovative and responsive energy solutions that every Filipino benefits from a reliable, secure and sustainable energy future," she said.

RE programs and policies The Philippines is building on the positive momentum from 2024, a year considered nothing short of remarkable after hitting its highest RE installation to date.

DOE data showed that over 794 MW of RE capacity reinforced the country's supply last year, surpassing the installations in the previous three years combined.

Contributing to record-high installations was the net metering program, a scheme that allows power end-users to build their own RE facilities for personal use and sell any excess electricity generated to the grid.

This program, along with other investor-friendly policies, helped the Philippines emerge last year as the second most attractive emerging market for RE investments, according to a Bloomberg report.