Global Trade Alert
Global Trade Alert

Philippines: Government removed foreign ownership cap on renewable energy projects

Announcement

15 Nov 2022

In November 2022, the Department of Energy of the Philippines increased foreign ownership in renewable energy projects from 40% to 100%.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

30 Nov 2022

Revocation date:

No revocation date

Updated: 15 Nov 2022
FDI: Entry and ownership rule In force
On 15 November 2022, the Department of Energy of the Philippines issued Circular No. 2022-11-0034, increasing the foreign ownership in renewable energy projects from 40% to 100%. With the new regulati...
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