Masdar’s $15bn renewable energy investment to transform Philippines’ energy landscape
The Abu Dhabi Future Energy Company PJSC, more commonly known as Masdar, has formalized its expansion into the Philippines’ renewable energy sector with a historic $15 billion investment. This ambitious initiative, which includes the development of solar, wind, and battery energy storage systems (BESS), underscores the UAE’s commitment to advancing global renewable energy and the Philippines’ resolve to achieve energy security through sustainable development.
The project, scheduled for completion by 2030, will significantly contribute to the Philippines’ target of incorporating 35% renewable energy into its power mix.
How Will Masdar’s Investment Impact the Philippines’ Renewable Energy Goals?
At the heart of this initiative lies the Implementation Agreement between Masdar and the Department of Energy (DOE) of the Philippines, alongside a Memorandum of Understanding (MoU) with the Board of Investments. The agreement was signed during Abu Dhabi Sustainability Week 2025, a global event spotlighting sustainability and innovation. Key stakeholders, including Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and Raphael P.M. Lotilla, Secretary of Energy of the Philippines, were present to solidify the partnership.

By developing up to 1GW of renewable energy projects by 2030, Masdar aims to align with the Philippines’ energy transition program, which prioritizes clean energy to foster economic growth, environmental preservation, and energy security.
“This partnership is a milestone in our collective efforts to combat climate change while bolstering the Philippines’ energy landscape,” said Dr. Al Jaber.
What Makes Southeast Asia a Key Focus for Masdar?
Masdar’s expansion into the Philippines builds on its strategic investments across Southeast Asia. In Indonesia, the company developed the 145MW Cirata Floating Solar PV plant, the region’s largest floating solar facility. This project alone powers approximately 50,000 homes, demonstrating Masdar’s capacity to deliver large-scale renewable energy solutions.
In Malaysia, the company has committed to developing 10GW of clean energy projects through a partnership with the Malaysian Investment Development Authority. These initiatives highlight Masdar’s growing influence in the region as a leader in sustainable energy solutions.
“Masdar’s proven track record in Southeast Asia is a testament to its ability to meet ambitious renewable energy targets,” remarked Mohamed Jameel Al Ramahi, CEO of Masdar.
How Does This Partnership Strengthen UAE-Philippines Relations?
The collaboration reflects deepening ties between the UAE and the Philippines, reinforced by the Energy Transition Cooperation MoU signed in November 2024 during Philippine President Ferdinand R. Marcos Jr.’s visit to the UAE. This earlier agreement identified renewable energy as a critical area for collaboration, laying the groundwork for Masdar’s entry into the Philippine market.
“The longstanding relationship between our nations provides a solid foundation for sustainable partnerships,” said Raphael P.M. Lotilla. “With Masdar’s expertise and our shared commitment to clean energy, this initiative marks a transformative step in the Philippines’ renewable energy journey.”
What Are the Economic and Environmental Benefits of the Project?
Masdar’s investment will stimulate economic growth in the Philippines by creating jobs and boosting local industries, particularly in the Luzon Economic Corridor, which includes hubs like Subic Bay, Clark, and Batangas. The DOE will assist Masdar with pre-development activities, including technical studies, securing permits, and conducting environmental assessments.
The integration of renewable energy is expected to reduce the Philippines’ carbon footprint significantly. With renewable energy projects such as solar farms, wind turbines, and advanced BESS, the partnership aligns with global climate action goals and positions the Philippines as a regional leader in sustainable energy.
What Are Masdar’s Long-Term Goals in the Philippines and Beyond?
Masdar’s $15 billion commitment is part of its broader goal to achieve 100GW of renewable energy capacity by 2030. The company also aims to lead the global production of green hydrogen, targeting 1 million tonnes annually by the same year.
For the Philippines, this partnership not only accelerates its energy transition but also enhances its economic competitiveness in Southeast Asia. According to DOE Undersecretary Ceferino S. Rodolfo, the initiative will make the Philippines a hub for smart, sustainable manufacturing and services, further boosting its economic profile.
“Our shared vision for renewable energy underscores a commitment to environmental stewardship and socio-economic progress,” Rodolfo stated.
Why This Matters for the Global Energy Transition
Masdar’s expansion into the Philippines exemplifies how international collaborations can drive meaningful progress in the renewable energy sector. As countries worldwide face mounting pressure to meet climate goals, partnerships like these demonstrate the potential for scalable, impactful solutions.
The $15 billion investment represents more than just financial commitment; it symbolizes a shared vision of a cleaner, greener future, where innovation and sustainability work hand in hand.
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