The Department of Energy (DOE) of the Philippines has announced its plans for renewable energy (RE) projects in Western Visayas, with 68 potential projects totaling 14,245 megawatts of capacity.
Additionally, there are currently 29 operating projects with a combined installed capacity of 708 megawatts. The projects encompass various renewable energy sources, including 24 for hydropower, 17 for offshore wind, 14 for solar, 12 for onshore wind, and one for geothermal.
The DOE is actively studying programs and policies to integrate renewable energy into the power mix. Western Visayas has made significant progress in transitioning to renewable energy, reaching 28 percent as of 2021.
The National Renewable Energy Program aims for a minimum 35 percent RE share in the power generation mix by 2030 and 50 percent by 2040.
Local officials emphasize the economic benefits of renewable energy, such as attracting industries with cheaper electricity and accessing markets that prioritize green energy.
An investment forum was held to foster collaboration among key players in the energy transition and support the government’s clean energy goals.