‘Philippines unlikely to meet RE targets by 2030’Vince Heo, director for Asia-Pacific Power and Renewables Research at S&P Global, said the share of renewables in the Philippines’ power mix could reach just 27 percent by 2030. MANILA, Philippines — The Philippines may fall short of its clean energy targets as persistent grid bottlenecks and permitting challenges continue to slow progress, according to S&P Global. Vince Heo, director for Asia-Pacific Power and Renewables Research at S&P Global, said the share of renewables in the Philippines’ power mix could reach just 27 percent by 2030. As such, the National Grid Corp. of the Philippines is pushing for a “holistic solution” to address challenges across the country’s power supply chain. Beyond grid challenges, the S&P Global official also highlighted the need to further simplify the permitting process in the Philippines.

Source: Philippine Star January 22, 2026 19:08 UTC