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MANILA, Philippines — The government is intensifying efforts to ensure the country will source half of its power generation from renewables by 2040, with new auction rounds eyed to secure 20 gigawatts (GW) of additional capacity.
Energy Secretary Sharon Garin said the Department of Energy has so far awarded 20 GW worth of contracts from the previous waves of green energy auction (GEA).
“We project that we will need to conduct additional GEAs for around 20 gigawatts more capacity… to reach 50 percent by 2040,” she told reporters in a recent briefing.
READ: Over 1450 7-Eleven stores go for renewables
