GEA‑4 Launch Opens Over 10 GW Clean Energy

The Department of Energy has kicked off its fourth Green Energy Auction, known as GEA‑4, offering more than 10 GW of solar and wind capacity for rollout between 2026 and 2029.

Registration for qualified suppliers opened immediately after the Energy Regulatory Commission published Green Energy Auction Reserve (GEAR) prices on June 13 per Resolution No. 9, Series of 2025, the DOE said

Notice of Auction and Terms of Reference documents released on March 29 outline project and bidding timelines, followed by advisories on May 28 and June 11 confirming schedules and procedures .

Qualified bidders will proceed through pre‑qualification, offer submissions, evaluations, and awards according to the GEA‑4 calendar, the DOE noted.

This round, the largest to date, includes ground‑mounted solar and onshore wind projects scheduled for commercial operation from 2026 through 2029

Projects will secure 20‑year power supply contracts under the Green Energy Auction framework.

“The implementation of GEA‑4 represents a major stride toward a more sustainable energy future for the Philippines,” the DOE said in a statement

The DOE added that the round “aims to boost the RE share in the country’s energy mix, strengthen grid reliability, and ensure energy security.”

First introduced in 2021, the GEA scheme replaces lengthier bilateral talks with auctions featuring pre‑determined pricing and milestones to accelerate project rollouts.

Winning bidders must meet strict commissioning deadlines and will face penalties for delays, the DOE said, adding that it will monitor progress closely to maintain investor and consumer confidence.

GEA‑4 builds on the success of GEA‑3, which awarded over 6 GW in renewable capacity in June 2025 across hydropower, pumped‑storage, and geothermal technologies.

GEA‑3 had attracted some 7.5 GW of bids—nearly double its target—demonstrating robust investor interest.

The country aims to raise renewable energy share in its power mix to 35 percent by 2030 and 50 percent by 2040 under the Philippine Energy Plan.

In January 2025, the state‑owned UAE company Masdar agreed to invest US $15 billion in Philippine solar, wind, and battery projects to generate 1 GW by 2030, scalable to 10 GW by 2035.

Analysts say that by standardizing procurement through auctions and fostering competition, the GEA mechanism is accelerating the transition away from fossil fuels while enhancing grid resilience.

The DOE’s latest initiative positions the Philippines to tap into growing global investments, including Chinese and European developers increasingly active in Southeast Asia’s green energy space.

With over 10 GW on offer, GEA‑4 signals a decisive push towards meeting the nation’s clean energy targets and upgrading its energy infrastructure.