As the Philippines positions itself as a renewable energy hub in Asia, the meeting underscores its commitment to achieving ambitious sustainability goals.
Masdar, established in 2006, has set its sights on expanding its renewable energy capacity across the Asean region, with plans to develop up to 2GW by 2025.
Roque emphasized the Philippines’ attractiveness as an investment destination, particularly for solar, wind, and geothermal projects.
“The Philippines is a key player in the Asian renewable energy market, and we are excited to partner with Masdar to accelerate our clean energy transition,” she said.
The discussions align with the Philippines’ National Renewable Energy Program (NREP), which aims to increase the country’s renewable energy share to 35 percent by 2030 and 50 percent by 2040.
This meeting was part of Roque’s official visit to the UAE on Oct. 3 to 5, which was focused on attracting investments to achieve energy self-reliance and combat climate change.
