Spanish renewable energy company Grupo Enhol is considering the Philippines as part of its Asia-Pacific expansion plans, as it evaluates new markets for clean power generation, energy storage systems, and related infrastructure. The development follows an investment briefing held on December 3 with Philippine government officials, according to the Board of Investments (BOI).
Discussions focused on investment opportunities across the country’s renewable energy value chain, as well as prospects in energy storage and power infrastructure. The BOI reaffirmed the government’s support for strategic foreign investments that advance national renewable energy targets and strengthen the Philippines’ position as a hub for sustainability-driven industries. Representatives from the Department of Energy and other relevant agencies also participated in the meeting.
Energy and power projects continue to dominate approved investments in the Philippines. From January to November 2025, the sector accounted for PHP 479.8 billion (USD 8.2 billion), or nearly 59% of total BOI investment approvals. Renewable energy projects are among the main beneficiaries of the government’s “green lane” program, which fast-tracks strategic investments. If Grupo Enhol proceeds, it would add to the strong pipeline of renewable energy investments entering the Philippine market.
(Source: Philippine Daily Inquirer)
