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Over 1,900 MW Power Projects Expected in H1
The Philippine Star
|January 01, 2025
The country's power supply is expected to receive a significant boost from new projects with a combined capacity of 1,912.48 megawatts (MW) that are slated for the first half of 2025.
According to Department of Energy (DOE) data obtained by The STAR, renewable energy (RE) projects accounted for around 992.94 MW or more than half of total committed projects between January and June this year.
Committed projects refer to those that have secured financial closure or are already in construction stages.
The development of these new RE facilities aligns well with the government's target of scaling up the share of renewables in the power generation mix to 35 percent by 2030 and 50 percent by 2040, from the current 22 percent.
Denne historien er fra January 01, 2025-utgaven av The Philippine Star.
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