Philippines Renewable Energy Development
Sector: Solar • Location: Philippines
Source: World Bank Group
The project development objective of the Renewable Energy Development Project for Philippines is to catalyze private investment in renewable energy and electrification. The project has one component, Partial Credit Guarantee Fund (CTF), that will provide callable cash to an existing government facility, i.e. the Electric Cooperative Partial Credit Guarantee (ECPCG) facility. ECPCG provides credit
- Status
- Closed
- Sector
- Solar, Power Transmission, Biomass, Wind, Geothermal, Power Generation (CCGT), Hydro, Government, Commercial
- Location
- Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project development objective of the Renewable Energy Development Project for Philippines is to catalyze private investment in renewable energy and electrification. The project has one component, Partial Credit Guarantee Fund (CTF), that will provide callable cash to an existing government facility, i.e. the Electric Cooperative Partial Credit Guarantee (ECPCG) facility. ECPCG provides credit guarantees to commercial banks in the Philippines that make term loans to electric cooperatives. The proposed project will greatly expand the capacity of the ECPCG program. ECPCG’s goal is to build the market in embedded generation, Renewable Energy (RE) projects connected at distribution voltages and selling to the local Electric Cooperative (EC), when those projects are least-cost, for the purchasing utility. Lower cost technologies will be favored, and it is anticipated that hydro and solar projects will be preferred. They will help to connect previously un-electrified enclaves, while providing loadarea generation that will help reduce distribution losses. |
Original sector | FY17 - Energy and Extractives |
Budget |
Location
Country | Philippines |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Transmission, Biomass, Wind, Geothermal, Power Generation (CCGT), Hydro, Government, Commercial |
Article published date | 2025-12-17 |
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