British Chamber eyes PH’s green investment, solar market

The British Chamber of Commerce Philippines (BCCP) will highlight the rapidly expanding solar market and opportunities for green foreign investment at its upcoming Trade & Connect: The Philippine Clean Energy Future forum on September 29, 2026.

Event Details:
Date: Tuesday, 29 September 2025
Time: 4:00 PM – 6:00 PM (Registration opens at 3:30 P.M.)
Venue: Colliers Head Office, Makati City

The event will be held at Colliers Head Office in Makati, with Colliers as venue partner and The Philippine Business and News as a media partner, bringing together businesses and energy stakeholders to discuss the clean energy transition and green investment opportunities in the Philippines.

The Philippines’ solar market has seen significant growth, with 5,068 MW of net solar-panel imports recorded in 2025, more than five times the 800 MW of grid-connected utility-scale solar capacity installed during the year. Solar-panel import value has also reached around $483 million, reflecting the growing demand for renewable energy solutions in the Philippine market.

The growth comes as the Philippine government seeks to attract greater private and foreign investment into renewable energy.

The Department of Energy (DOE) and Board of Investments (BOI) have identified renewable energy as an investment priority, while DOE’s 10-year Green Energy Auction Plan is targeting at least 25 GW of additional renewable energy capacity from 2027 to 2035. The government is also expanding opportunities across ground-mounted, rooftop and floating solar, alongside battery energy storage and other technologies needed to strengthen grid reliability.

One of the most significant developments to the renewable energy initiative is the MTerra Solar Project in Nueva Ecija, developed by Meralco PowerGen Corporation (MGEN) and Actis. Once fully completed, the project is expected to deliver 3,500 MWp of solar capacity coupled with a 4,500 MWh battery storage system. The project has already reached a major milestone, with MTerra Phase 1 energising 1,373 MW of solar PV and 825 MW of battery energy storage, equivalent to 3,300 MWh, making it one of the largest integrated solar and battery facilities globally.

For businesses, rising energy demand and exposure to global fuel-price volatility are making energy security an increasingly important consideration. The DOE has highlighted renewable energy and storage as strategic tools for reducing the country’s exposure to imported fuel volatility, while recent initiatives to expand rooftop solar and net metering are creating additional opportunities for commercial and industrial users.

Under the Department of Energy’s Philippine Energy Plan (PEP), the country is targeting a 35% renewable energy share in power generation by 2030 and 50% by 2040, creating opportunities for investors across solar generation, energy infrastructure, and related technologies.

In an interview, BCCP Executive Vice Chairman Chris Nelson highlighted the growing opportunities in renewable energy, stating: “I think renewable energy is a great thing. And I think solar energy, the Philippines, as we know, has wind power and geothermal. And I think there’s a desire to be over 50% or more by renewable energies. And I think that’s the way forward. And if I may just link it to a very topical point, now with, obviously, oil prices being driven higher.”

The Trade & Connect event will explore policy environment, renewable energy investment, and opportunities for greater UK-Philippines business cooperation in the green energy sector.

For interested participants, you may register here: https://ift.tt/2xEH0Io.