Energy sector leads BOI projects with PHP 480B boost

The Department of Energy (DOE) has welcomed a surge in power sector investments, as the Board of Investments (BOI) approved PHP 479.78 billion in energy projects from January to November 2025—marking the sector as the year’s top recipient of new capital.

Out of 261 total BOI-approved projects during the period, power and electricity accounted for 58.74 percent, underscoring the central role of energy in the country’s economic and infrastructure development strategy.

“We welcome the BOI’s robust investment pipeline, particularly in energy infrastructure. These are not just numbers on a board. They represent critical projects that will strengthen our economy, create jobs, and uplift communities,” said Energy Secretary Sharon S. Garin.

“For the DOE, every peso invested in energy is an investment in our people’s future.”

Garin said the strong momentum affirms investor confidence in the Philippines’ long-term growth and highlights the government’s push to create a more reliable, secure, and sustainable energy future.

The BOI, under the Department of Trade and Industry, noted that these approvals reflect growing private sector alignment with national energy priorities.

The DOE also highlighted 10 large-scale energy projects under BOI evaluation, including hydroelectric power plants totaling 2.4 gigawatts (GW) and offshore wind facilities with a combined 3.7 GW capacity.

“Hydropower and offshore wind are central to our medium- and long-term energy planning. They bring us closer to our renewable energy targets and help shield Filipino consumers from volatile fossil fuel prices,” Garin said.

“We are building an energy system that is not only bigger, but also cleaner, smarter, and more resilient.”

She emphasized that close coordination with national agencies, local government units (LGUs), and the private sector is crucial to ensuring approved investments are translated into completed infrastructure that benefits Filipino communities.

“Our direction is clear. We will continue to work closely with the private sector and our partner agencies in the national government and LGUs to ensure that these approved investments will ripen into beneficial and tangible energy infrastructure for our people,” she said.

The DOE reaffirmed its commitment to creating a transparent regulatory environment and providing policy support that sustains the investment momentum and accelerates the energy transition.