Phl among top drivers of SE Asia’s RE growth

The Philippines has emerged as a leading catalyst in Southeast Asia’s renewable energy (RE) transition through 2030, according to the International Energy Agency.

- BRIX LELIS

The latest IEA report showed that the Philippines, alongside Vietnam and Indonesia, would boost the region’s RE surge, with major capacity gains expected between 2025 and 2030.

In particular, the Philippines is poised to add around 15 gigawatts (GW) of new RE capacity, with solar and onshore wind making up 90 percent of the expansion.

“This represents a five-GW (around 50 percent) increase over the previous forecast, owing to completed and ongoing competitive auctions,” the IEA said.