The Department of Energy (DOE) has granted Certificates of Energy Projects of National Significance (CEPNS) to 149 energy projects, marking a significant boost to the country’s energy sector from May to December 2024. The projects, expected to add 19,000 megawatts (MW) of power capacity, represent a key step in meeting the nation’s growing energy needs. Notably, 17,600 MW will come from 91 renewable energy projects, while 1,500 MW will be from four conventional power plants.
The total investment for these projects is estimated at P2.4 trillion, with completion expected within two to five years. Some of the most notable projects include Terra Solar’s 2,500 MW solar project in Nueva Ecija and Bulacan, Ahunan Power’s 1,400 MW pump-storage hydro project in Laguna, and a 1,000 MW offshore wind project in Camarines Sur by CI NMF (PH) Corp.
This marks a return to issuing CEPNS after its suspension in December 2020, designed to streamline the approval process for projects crucial to grid stability and energy transition goals. Under the new framework, projects are eligible for priority processing and faster approvals from various government bodies.
Energy Secretary Raphael Lotilla said these initiatives are vital not only for securing energy supply but also for accelerating the transition to cleaner, more resilient energy systems. With these new certifications, the DOE continues its commitment to expanding the energy infrastructure needed to power the country’s economic growth.
