MAKATI CITY, Metro Manila—PNOC President and CEO Oliver Butalid joined industry leaders and experts in a discussion on investment opportunities in renewable energy (RE) and energy efficiency (EE) during the 2025 Foreign Trade Service Corps (FTSC) Planning Conference on December 4, 2024.

In his presentation, Butalid outlined PNOC’s ongoing efforts to collaborate with international renewable energy companies. These initiatives are supported by Department of Energy (DOE) Circular No. 2022-11-0034, which amends the Renewable Energy Act of 2008 to encourage foreign investments. He also emphasized the importance of the Memorandum of Agreement signed in October 2024 between the DOE and the Department of Environment and Natural Resources, which grants rights to utilize offshore and auxiliary areas for offshore wind exploration and development.

Building on these developments, Butalid introduced PNOC’s plan to launch an energy investment website designed to be a comprehensive resource for stakeholders. The platform will feature the Philippine Energy Plan, Competitive RE Zones, regulatory frameworks, reports, and a range of investment opportunities making investment in RE in the country easier and accessible. He also highlighted the company’s efforts on small-scale liquefied natural gas distribution and its collaboration with technology companies to deliver energy solutions to geographically isolated and disadvantaged areas.

Also present as panelists in the event were DOE RE Management Division Representative Clarita de Jesus, Philippine Energy Efficiency Alliance President Alexander Ablaza, Developers of Renewable Energy for Advancement President Atty. Jose Layug Jr., Mingyang Smart Energy Group Representative Kuan Yan, and BDO Capital and Investment Corporation Executive Eduardo Francisco.

The conference, organized by the Department of Trade and Industry’s FTSC, aimed to foster government collaboration, and align strategies with the country’s clean energy goals for the coming year.

PNOC’s participation underscored its commitment to fostering innovation and supporting the continued development of the sector. Its focus on strategic investments and partnerships reflects its dedication to advancing energy security, promoting equity, and ensuring environmental sustainability in the Philippines.