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Infrastructure & PPPs in Philippines - Q3 2025 Update

  • Writer: YOG INFRA
    YOG INFRA
  • Oct 3
  • 11 min read

PHILIPPINES is taking notable strides in renewable energy transtion - 4th Green Energy Auction (GEA-4) attracted strong private sector participation, securing 9.4 GW of renewable energy commitments against the target of 10.65 GW (88% subscription rate) across solar, wind and BESS projects. DOE is also aiming to power all electric vehicle charging stations in the Philippines with renewable energy by 2040. We also see new project developments & PPPs in transport sector in areas of seaports, roads and airport redevelopment.

Read more about key developments in Infrastructure and PPPs in Philippines in our country insight.

JULY 2025

MWEC TO LAUNCH PHP 10.58 BN WIND POWER PROJECT IN CAVITE BY 2028

Maragondon Wind Energy Corporation (MWEC) has announced plans to develop a PHP 10.58 Bn (USD 185.45 Mn) onshore wind power project in Cavite, targeting commercial operations by December 2028. The 200 MW facility will span 4,941 hectares in the mountainous area of Maragondon and will include up to 36 wind turbine generators. Construction is scheduled to begin in 2026.

The project aims to increase renewable energy supply to the Luzon Grid in line with the Philippine Energy Plan. The wind farm will help cut the country’s reliance on fossil fuels and contribute to climate change mitigation. The company also expects the project to lower electricity costs and support energy demand growth in the region. MWEC secured a wind energy service contract from the Department of Energy in 2023, giving it exclusive rights to explore and develop wind resources at the site.


NORTH–SOUTH COMMUTER RAILWAY O&M PROJECT APPROVED UNDER PPP SCHEME

The Economy and Development (ED) Council approved the North-South Commuter Railway (NSCR) operations and maintenance project under a Public-Private Partnership (PPP) arrangement. The NSCR is one of the Marcos administration’s infrastructure flagship projects. It aims to modernize public transportation and improve regional connectivity across Luzon. The NSCR is a 147-km. elevated railway line that will ease travel across Central Luzon, Metro Manila, and Calabarzon.

It is expected to benefit 800,000 passengers daily in its opening year, eventually serving up to one million commuters. The railway will feature 35 stations, including 31 elevated, three at-grade, and one underground. . Total 34-year concession period to be granted by DOTC and PNR as co-grantors, with 4-year construction period and 30-year operations and maintenance (O&M) period. The concession period for the partial operations of Phase 1, which stretches from Clark International Airport to Valenzuela (13 stations), will commence in December 2027 and continue until September 2028.

The concession period for the partial operations of Phase 2, which extends the services to Nichols in Pasay City with additional segment from Alabang, Muntinlupa City to Calamba, Laguna will run from October 2028 until December 2031The total estimated cost of the operations and maintenance contract is PHP 229.32 Bn (USD 4.018 Bn). The NSCR will offer two types of train services: commuter trains, with 51 trainsets each capable of carrying 2,242 passengers, and Limited Express trains, with seven trainsets accommodating 386 passengers each.


PHILIPPINES INVITES BIDDERS FOR SAN RAMON SEAPORT PPP UNDER BOT SCHEME

The Zamboanga City Special Economic Zone Authority and Freeport (ZCSEZA) have invited interested parties to pre-qualify and bid for the design, financing, construction, operation, and maintenance of the San Ramon Newport Project through a Build-Operate-Transfer (BOT) arrangement.

The estimated project cost is PHP 14.823 Bn (USD 259 Mn), covering civil and structural works, utility infrastructure, cargo handling equipment, terminal operating systems, and associated financing and development expenses. The project is designed to relieve congestion at the existing Zamboanga Baseport (ZBP) while also attracting new investors and locators to the Zamboanga City Special Economic Zone (ZAMBOECOZONE). It is expected to significantly reduce transportation costs for both domestic and international cargo flowing into Region IX. The Project site has a land area of 21.55 hectares (ha). The construction, as well as operation and maintenance (O&M) of the Port, will be under a 35-year concession period.


AUGUST 2025

CONSTRUCTION OF 32 KM BATAAN–CAVITE INTERLINK BRIDGE TO BEGIN BY END-2025

The Government of the Philippines will commence construction of the 32-kilometre Bataan–Cavite Interlink Bridge before the end of 2025. The project will span Manila Bay and significantly reduce travel time between Mariveles, Bataan and Naic, Cavite, from up to five hours to just 45 minutes.

The bridge is being financed through a multi-tranche funding structure, with USD 2.1 Bn coming from the Asian Development Bank (ADB) and USD 1.14 Bn co-financed by the Asian Infrastructure Investment Bank (AIIB). Once completed, it is expected to be one of the world’s longest maritime bridges and a critical component of the government’s transport connectivity strategy. The Bataan–Cavite Interlink Bridge is expected to stimulate regional economic growth by improving access between Central Luzon and Calabarzon, enhancing logistics and trade while easing congestion in Metro Manila.


PHILIPPINES’ EDC COMMISSIONS PHP 7 BN GEOTHERMAL POWER PLANT

The Government of the Philippines has commissioned the 22 MW Tanawon geothermal power plant in Sorsogon City, developed by the Energy Development Corporation (EDC), a subsidiary of First Gen Corporation.

The PHP 7 Bn (USD 122.85 Mn) facility was completed in 27 months and is part of the government’s broader push to expand renewable energy capacity and enhance energy security under the Philippine Energy Plan. The plant is expected to generate 159,000 MWh of electricity annually. It is the second of seven geothermal projects planned by EDC, following the inauguration of the 29 MW Palayan Binary Plant in July 2024.


PHILIPPINES BACKS 17 NEW POWER PROJECTS, FOCUSES ON RENEWABLES AND STORAGE

The Department of Energy (DOE) endorsed a total of 17 power generation projects to the National Grid Corporation of the Philippines (NGCP) in June 2025, signalling the country’s sustained acceleration in renewable energy and battery storage deployment.

The endorsements include 14 new project applications and three project amendments, covering a wide mix of technologies such as wind, solar, hydro, geothermal, and battery energy storage systems (BESS). Of the 17 projects, 15 are renewable energy facilities, while two involve BESS, one of which is hybridized with a solar installation.

Among the largest projects endorsed is the 1,246 MW Roxas Onshore Wind Power Project in Oriental Mindoro, proposed by CI San Jose Corp. Another major project is Philippine New Energy Development Inc.’s 500 MW Cebu Wind Energy Project. Also gaining endorsement is Embrace Nature Power1 Corp.’s 180 MW Agrovoltaic Solar Power Project in General Santos City, which integrates a 96 MW / 192 MWh BESS. Meanwhile, RE Resources, Inc.’s updated San Manuel Solar Power Plant in Pangasinan now has a revised capacity of 92.545 MWP / 69.9 MWAC.

The DOE has approved a total of 78 SIS (System Impact Study) endorsements for the year. This includes:

  • ·63 renewable energy projects

  • 13 battery energy storage systems

  • 2 conventional power projects


KALAYAAN 2 WIND PROJECT TARGETS Q2-2026 OPERATIONS IN THE PHILIPPINES

The Kalayaan 2 Wind Power Project, fast-tracked under the government’s green lane permitting system, is on track to begin commercial operations by Q2-2026. The agency also coordinated an inter-agency meeting with local government units, the Department of Public Works and Highways (DPWH), and the Department of Environment and Natural Resources (DENR) to arrange logistics for transporting turbines, towers, and blades from Batangas port to the site.

Upon completion, the PHP 10.85 Bn (USD 191.4 Mn) project will generate 100.8 MW of clean energy, reduce carbon emissions and support the Philippines’ renewable energy and long-term energy security goals. With turbines now on-site, installation and commissioning will begin immediately.  The project, developed by Laguna Wind Energy Corporation, a subsidiary of The Blue Circle.


JA SOLAR AND AP POWER PARTNER TO EXPAND SOLAR ENERGY IN THE PHILIPPINES

JA Solar and Advance Prime Power Corporation (AP Power) have signed a two-year strategic cooperation agreement in Beijing to develop renewable energy projects in Southeast Asia, with a focus on expanding solar generation in the Philippines and neighbouring markets. The partnership will integrate the companies’ expertise in photovoltaic research, development, and manufacturing to accelerate clean energy adoption and strengthen solar infrastructure in the region.

The companies will identify and promote solar PV projects that prioritise sustainability and deliver long-term community benefits. JA Solar has shipped over 280 GW of solar cells and modules and holds nearly 1,900 patents, while AP Power continues to grow its footprint in Southeast Asia’s renewable energy market. The alliance positions both companies to capitalise on rising clean energy demand across the Asia-Pacific region.


IB VOGT BREAKS GROUND ON 99 MWP SOLAR PV PLANT IN THE PHILIPPINES

German renewable energy developer ib vogt has officially broken ground on a 99 MWp solar PV power plant in South Cotabato, the Philippines. Named the Tantangan Solar Power Plant, the project has been backed by PHP 4.49 Bn (USD 80 Mn) in green financing from international bank The Hongkong and Shanghai Banking Corporation (HSBC).

The project, which will be ib vogt’s second solar project in Mindanao, the second largest island in the Philippines, is the first initiative to benefit from a joint Development and Construction Facility established by British International Investment (BII), the development finance institution of the UK government, and debt financing platform Pentagreen Capital.

The solar PV power plant is estimated to be able to generate up to 150 GWh of renewable energy each year. It is expected to be completed and commence commercial operations in 2026. Ib vogt is developing another utility-scale solar PV power plant, the 300MW AC Energy Ib Vogt Solar PV Park. The project is being pursued via a joint venture between ACEN, a subsidiary of AC Energy and Infrastructure Corp, and ib vogt. The Construction on the project is expected to begin in 2025, and commercial operation is targeted for 2026.


V-GREEN, GREEN GSM PHILIPPINES, MERALCO SIGN EV CHARGING MOU

V-Green Global Charging Station Development Corporation (V-Green) and Green and Smart Mobility Joint Stock Company (Green GSM Philippines) have announced the signing of a memorandum of understanding (MOU) with Manila Electric Company (MERALCO) – the largest power distribution company in the Philippines, to promote electric vehicle (EV) infrastructure development in the country.

This milestone marks a significant step forward in the efforts to promote green transportation and develop the electric vehicle (EV) ecosystem in the Philippines. Under the MOU, the three parties will closely collaborate on researching and implementing solutions to accelerate EV adoption in the country, primarily through the deployment of electric taxi services and the development of a public charging station network. The MOU outlines potential areas of cooperation such as co-developing solar energy solutions for EV charging stations, sharing technical expertise in EV technologies, and providing workforce training.


PHILIPPINES, UK ADVANCE COLLABORATION ON CARBON CREDIT FRAMEWORK

The Philippines’ Department of Energy (DOE) is working with the UK government to develop a framework for the generation and management of carbon credits in the energy sector. The draft Department Circular, released by the DOE, aims to attract clean energy investments while aligning with the country’s climate commitments.  The DOE emphasized that partnerships with international stakeholders, such as the UK, will be critical in shaping a credible and effective carbon market in line with global best practices.

The initiative forms part of broader efforts to strengthen the country’s renewable energy transition. By establishing a carbon credit system, the Philippines seeks to provide policy certainty for investors, enhance transparency in emissions management, and accelerate clean energy deployment across the archipelago.


DOE AIMS FOR 100% RENEWABLE EV CHARGING BY 2040

The Department of Energy is aiming to power all electric vehicle charging stations in the Philippines with renewable energy by 2040. This long-term goal is part of the Comprehensive Roadmap for the Electric Vehicle Industry, which outlines infrastructure and energy targets to support the nation’s EV transition. The strategy begins with sourcing at least 25% of EV charging electricity from renewable sources before 2030.

The DOE’s Charging Infrastructure Development Plan Integration provides flexibility for charging providers to source renewable power either onsite or through government-supported mechanism. The plan aligns with the Electric Vehicle Industry Development Act of 2022, which mandates charging stations in transport hubs, sets fleet conversion goals, and offers tax perks for EV use.


SEPTEMBER 2025

P4B WASTE-TO-ENERGY PLANT TO RISE IN NEW CLARK CITY

The Bases Conversion and Development Authority (BCDA) has secured a PHP 4 Bn (USD 70 Mn) Waste-to-Energy (WtE) project with Indian engineering firm Uttamenergy Ltd. The WTE plant will rise in New Clark City in Capas, Tarlac — a 9,450-hectare flagship development positioned as the Philippines’ first smart metropolis. The plant will serve as a scalable model for clean industrial infrastructure.

In the agreement, an advanced WTE facility will be built in New Clark City, Capas, Tarlac. It will process 600 metric tons of municipal solid waste daily and generate 12 megawatts of electricity enough to power over 10,000 households, in the process avoiding estimated greenhouse gas emissions of 100,000-plus tons CO2e annually.

The facility will be put up in a 4-hectare (ha) site, which has a provision to expand by additional 6 ha. It will be under a 25-year lease agreement, and renewable for a maximum of 25 years.


PHILIPPINES GEA-4 AUCTION SECURES 9.42 GW OF RENEWABLES

The Philippines 4th Green Energy Auction (GEA-4) attracted strong private sector participation, securing 9,432.6 MW of renewable energy commitments against the Department of Energy’s (DOE) target of 10,650 MW. This reflects an 88% subscription rate across solar, wind, and integrated solar with energy storage systems (IRESS).

DOE’s preliminary results, 111 winning bids covered ground-mounted, rooftop, and floating solar, as well as onshore wind and storage. The projects are scheduled to begin commercial operations between 2026 and 2029 and will support the country’s renewable energy goals of 35% share by 2030, 50% by 2040, and more than 50% by 2050.

Unsubscribed capacity in floating solar, wind, and IRESS will be reallocated to qualified bidders with accepted bids beyond the initial targets. The DOE stated that this mechanism ensures full utilisation of capacity under GEA-4. Winning developers will now proceed with post-auction requirements to confirm project delivery and grid integration.


DAVAO AIRPORT REDEVELOPMENT RECEIVES FIRST PROPOSAL

The redevelopment of Davao International Airport (DVO) has drawn its first unsolicited proposal, submitted by Filinvest Group. This marks the beginning of the bidding process for the modernisation of one of Mindanao’s busiest gateways.

The project is part of the Philippine government’s broader plan to upgrade regional airports through private participation. Under the proposal, the private sector is expected to handle development and operations, easing fiscal pressures while improving service quality and capacity.

The PPP proposal, now under evaluation by the Davao International Airport Authority (DIAA) and the PPP Center, outline a PHP 12.9 Bn (USD 2.22 Bn) Rehabilitate-Operate-Transfer model, which will be implemented in two phases.

Phase 1 will prioritize terminal expansion, cargo facility upgrades, apron and parking lot expansion, the construction of a fire station, and a parallel taxiway, while Phase 2 will involve further expansion and enhancements to ground support facilities. The initiative aligns with national goals of strengthening air connectivity and regional economic development.


PHILIPPINES COMMISSIONS FIRST AGRIPV-PLUS-STORAGE PROJECT

The Government of the Philippines has inaugurated its first agrivoltaics-plus-storage project, the Batangas 1 facility, developed by Citicore Renewable Energy Corporation (CREC). The plant integrates a 197 MWp solar PV array with a 320 MWh battery energy storage system (BESS), enabling the delivery of power to the grid beyond daylight hours.

The combined system allows energy output even outside the 6 am to 5 pm solar generation window, strengthening supply reliability and supporting grid stability. The project also advances the use of agrivoltaics, combining renewable energy generation with agricultural land use. The Batangas 1 initiative reflects the government’s broader strategy to diversify energy sources, strengthen resilience, and meet rising electricity demand while promoting sustainability.


SINGAPORE’S VENA ENERGY PROPOSES 304 MW WIND PARK IN SAMAR

Singapore-based Vena Energy is expanding its presence in the Philippines with the proposed development of a PHP 20.2 Bn (USD 344.4 Mn) Gemini Wind Power Project (GWPP) in Samar.

Vena through Gemini Wind Energy Corp. (GWEC), is planning to construct the 304-megawatt GWPP consisting of 38 wind turbine generators with a rated capacity of eight MW each. The wind facility will straddle 13 towns in Calbayog City, Samar and two towns in the municipality of San Isidro in Northern Samar.

The proposed project is expected to reinforce the country’s power supply and reduce its dependence on fossil fuels. This is aligned with the government’s target of expanding the share of renewables in the power mix to 35% by 2030 and 50% by 2040 from the current 22%.

List of key transactions - Philippines Q3 2025

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Source: YOG INFRA analysis, Public Information

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