In photo: Participants of the Workshop on International Business Matchmaking from the Philippines, Malaysia, Pakistan, MENA, Africa and China
In photo: Participants of the Workshop on International Business Matchmaking from the Philippines, Malaysia, Pakistan, MENA, Africa and China 

The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center-Beijing (PTIC-Beijing), participated in the 13th Energy Storage International Exhibit & Conference (ESIE 2025) in Beijing on 10-11 April 2025 to showcase investment opportunities in the Philippines’ Renewable Energy (RE) industry. Representing the Philippines at the event were Ambassador Jaime FlorCruz, Commercial Counsellor Glenn Peñaranda, and experts from the Renewable Energy Management Bureau of the Department of Energy (DOE). 

The Philippines continues to solidify its standing as a leading destination for renewable energy investments, backed by its abundant resources and investor-friendly policies. Bloomberg NEF Climatescope 2024 recently ranked the country as the second most attractive energy hub in the world. 

The Philippine Statistics Authority (PSA) reported that the Philippines approved US$6 billion worth of energy projects in 2024, with renewables accounting for 63% of total approvals—creating significant opportunities for technology providers, service contractors, and investors from China and other markets.

As the country advances toward its RE targets of  35% share in the energy mix by 2030 and over 50% by 2050, the Philippines actively welcomes partnerships and investments to accelerate its clean energy transition. 

The Energy Storage International Exhibit & Conference (ESIE) is organized by the China Energy Storage Alliance (CNESA), serving as a key platform for global stakeholders to explore emerging trends and investment prospects in the sector. 

The Philippines’ participation in ESIE has deepened collaboration with the CNESA, which has expressed interest in furthering information exchange and business matching. As part of this growing partnership, CNESA plans to send a business delegation to the Philippines in the coming months to explore investment and cooperation opportunities in the RE sector. 

For further information on RE opportunities in the Philippines, contact the Philippine Trade and Investment Center-Beijing (PTIC-Beijing) at Beijing@dti.gov.ph. 

Infographic titled 'The Philippines’ Renewable Energy Advantage' showing renewable energy sources and their respective potential capacities: Biomass (4,727 MW), Geothermal (4,407 MW), Solar (58,110 MW), Hydropower (13,097 MW), Ocean (170,000 MW), and Wind (262,000 MW), with corresponding icons and Chinese translations.
A medium shot of a conference hall with an audience facing a stage. The stage has a large blue screen displaying text in both English and Chinese: "THE 13TH ENERGY STORAGE INTERNATIONAL CONFERENCE AND EXPO" and "Jaime A. FlorCruz" with additional text below it. A man is visible on the left, standing behind a podium and speaking. The audience is seated in rows of chairs, with their backs to the camera. The setting suggests a formal presentation or lecture at an international conference.
A medium shot captures Jaime A. FlorCruz, who appears to be of East Asian descent, speaking at the "ESIE 2025 13th Conference & Expo". He is positioned behind a light blue podium that displays the conference name and year prominently. FlorCruz is wearing glasses, a black collared shirt, and a lanyard around his neck. Behind him, a large blue backdrop features the conference logo and name in both English and what appears to be Chinese characters, along with "CNESA" and "THE 13TH ENERGY STORAGE INTERNATIONAL CONFERENCE AND EXPO". The lighting is bright, focusing on the speaker.
In photo: Ambassador FlorCruz presented on the opportunities in RE at the International Energy Storage Market Update & Trends Session 
A medium shot of a conference hall shows Glenn G. Peñaranda, who appears to be of East Asian descent, at a podium. The background displays a screen with the text "PHILIPPINES: Opportunities in Energy Storage" in both English and Chinese. The setting suggests a presentation or lecture at an international conference.
A medium shot shows Glenn G. Peñaranda, who appears to be of East Asian descent, at a podium with a microphone. He is wearing a suit and tie. The background features a blue screen with text in English and Chinese, including "ESIE 2025" and "THE 13TH ENERGY STORAGE INTERNATIONAL CONFERENCE AND EXPO," along with sponsor names. The setting is a formal conference or presentation.
In photo: CC Penaranda presented on Opportunities in Energy Storage and participated in a Dialogue with Workshop Participants 
A medium shot of four people at a conference. The background shows a blue screen with conference information in English and Chinese.
In photo: Ms. Wang Anni, Member Service Supervisor of CNESA, Ms. Liu Wei, Secretary-General of CNESA, CC Glenn Penaranda and TE Serena Zhao 

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Date of Release: 02 May 2025

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