Lifting of Temporary Suspension for LOIs and RE Applications

The DOE has lifted the suspension on new applications for Letters of Intent (LOIs) and Renewable Energy (RE) projects, allowing more investors and developers to enter the market. This move is expected to increase renewable energy deployment and fast-track approvals for offshore wind projects.

Link: https://doe.gov.ph/sites/default/files/pdf/announcements/Advisory_Lifting_of_Temporary_Suspension_for_LOIs_and_RE_App.pdf