Latest News

Philippines aims to double solar, quadruple share of wind in power output by 2030

The Philippines plans to increase the share of solar in power output to 5.6% in 2030 from 2.4% in 2024, and wind to 11.7% from 3.1%, according to a. government discussion, potentially making the island chain's. grid amongst the cleanest in the area.

The southeast Asian country anticipates higher share of solar and. wind to offset a decrease in the share of other tidy sources. such as hydropower and geothermal energy, assisting non-fossil. sources represent 35% of power generation by 2030.

Hydroelectricity's share is set to fall from 10% to 9.1%,. while geothermal energy is anticipated to account for 7.7% of. general output by 2030, compared to 8.9% in 2024, Mylene. Capongcol, assistant secretary at the Philippines Department of. Energy, stated in the discussion, at the Renewable resource. Markets Asia conference.

Philippines prepares to attain the targets by doubling solar. capacity and tripling wind capacity over six years, Capongcol. added in the discussion, which was shared with .

The nation is banking on a fast build out of overseas wind. farms, which have high upfront costs. Spiralling expenses in the middle of high. inflation have resulted in some saw developers cancel or stop briefly. jobs in the U.S. and Britain last year.

The archipelago also anticipates to add 1,200 megawatts of. Nuclear capacity by 2032, Capongcol said in the discussion,. including that the nation plans to update its transmission. facilities to assist manage the addition of renewables.

The energy department will likewise create a long-lasting program. to facilitate the voluntary early decommissioning or repurposing. of over 3.8 GW of coal-fired power plants which are more than 20. years of ages, Capongcol stated.

Philippines is targeting reducing the share of coal in power. generation to 47.6% by 2030, from about 60% presently.