The Philippines’ Board of Investments (BOI) announced it certified 13 renewable energy projects under the government’s Green Lane initiative in the first five months of 2026.
The country’s Department of Energy (DOE) speficied tha the 13 renewable energy projects certified during the period accounted for the overwhelming majority of the PHP 346 billion ($6.18 billion) in total Green Lane investments approved, representing 99.6% of the total project value.
“Renewable energy is not a side story in our economic growth, it is the headline. The PhP 344.6 billion that investors are committing to renewable energy under the Green Lane is proof that the Philippines is a destination for clean energy business, and that Filipino workers will be the first to benefit”, Energy Secretary Sharon S. Garin said.
“Every megawatt of solar, wind, hydro, and geothermal power we bring online is a community energized, and a step closer to true energy independence. We will continue to work with our industry partners to ease every barrier standing between these projects and the Filipino people they are meant to serve,” she added.
The green lane certificate issued by the Board of Investments means the project will benefit from streamlined and expedited processing of permits. The accreditation follows a Certificate of Energy Project of National Significance from the Department of Energy received in July, which is given to any national energy project with a capital exceeding $59 million.
The Philippines added 899 MW of solar last year, according to figures from the International Renewable Energy Agency (IRENA), taking cumulative capacity to over 3.8 GW.
The Philippines’ solar market is currently dominated by ground-mounted solar projects. Figures published by the country’s Department of Energy (DOE) state the Philippines had installed 3,492 MW of ground-mounted solar by the end of last year, compared to 52 MW of behind-the-meter capacity.
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