The Philippines’ Department of Energy has welcomed the certification of 13 renewable energy projects valued at PHP344.62bn ($5.7bn) under the government’s Green Lane initiative in the first five months of 2026.

According to the Board of Investments, the projects account for 99.6% of the PHP346bn in Green Lane investments approved during the period, POWERLINE writes. The approvals are expected to generate around 38,716 direct jobs across the sector.

The Department of Energy said the projects reflect strong investor confidence in the country’s renewable energy industry. It added that the investments would help address rising electricity demand while supporting job creation in engineering, construction, technical services and operations.

The Green Lane initiative is designed to accelerate the approval process for strategic investments, particularly in sectors considered critical to economic development. Renewable energy has been a key focus as the Philippines seeks to expand clean power capacity and reduce reliance on imported fossil fuels.