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Philippines Wind Energy Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 30, 2025
Length 125 Pages
SKU # EMAR20079191

Description

The Philippines wind energy market reached almost 1.51 TWh in 2024. The market is projected to grow at a CAGR of 19.10% between 2025 and 2034 to reach around 8.67 TWh by 2034.

Philippines Wind Energy Market Growth

The Philippines is planning to reduce the share of coal-based power in its energy mix to 47.6% by 2030, from nearly 60% in 2024. While the share of hydropower and geothermal energy in the country’s energy mix is expected to fall to 9.1% and 7.7% respectively, the government is expected to quadruple the share of wind energy in its energy mix by 2030 to meet the rising demand for electricity from the population.

As per the World Bank, the Philippines has the potential to increase its offshore wind power generation capacity to 21 GW by 2040. The country has numerous onshore wind energy farms, with an overall capacity of 443 MW. The Burgos Wind Farm, with a capacity of 150 MW, is the largest wind energy farm in the Philippines. Other major wind energy farms in the country include the San Lorenzo Wind Farm (54 MW), Caparispisan Wind Farm (81 MW), and the Pililla Wind Farm (54 MW), among others. The Philippines’ government aims to increase the share of renewable energy in its energy mix to 15.3 GW by 2030. The National Energy Program aims to increase the wind power generation capacity by 2345 MW before 2028. This is expected to drive market growth in the forecast period.

Philippines Wind Energy Industry Segmentation

Philippines Wind Energy Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Location

Onshore
Offshore

Market Breakup by Application

Utility
Non-Utility

Philippines Wind Energy Market Share

Based on application, the market is divided into utility and non-utility. Over the forecast period of 2025-2034, utility is projected to grow at a CAGR of 21.8% due to the anticipated expansion of the power utility grid in the Philippines.

Leading Companies in the Philippines Wind Energy Market

The development of onshore wind energy projects in the Philippines is expected to gain momentum with the tendering of development rights for wind energy farms to major multinational and domestic companies.
ACEN CORPORATION
Ayala Corporation
Alternergy Holdings Corporation
Triconti
Others

Philippines Wind Energy Market Report Snapshots

Philippines Wind Energy Market Size

Philippines Wind Energy Market Growth

Philippines Wind Energy Market Share

Philippines Wind Energy Companies

Table of Contents

125 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Wind Energy Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Wind Energy Historical Market (2018-2024)
5.3 Asia Pacific Wind Energy Market Forecast (2025-2034)
6 Philippines Wind Energy Market Overview
6.1 Key Industry Highlights
6.2 Philippines Wind Energy Historical Market (2018-2024)
6.3 Philippines Wind Energy Market Forecast (2025-2034)
7 Philippines Wind Energy Market by Location
7.1 Onshore
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Offshore
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Philippines Wind Energy Market by Application
8.1 Utility
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Non-Utility
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Supplier Selection
10.2 Key Global Players
10.3 Key Regional Players
10.4 Key Player Strategies
10.5 Company Profiles
10.5.1 ACEN CORPORATION
10.5.1.1 Company Overview
10.5.1.2 Product Portfolio
10.5.1.3 Demographic Reach and Achievements
10.5.1.4 Certifications
10.5.2 Ayala Corporation
10.5.2.1 Company Overview
10.5.2.2 Product Portfolio
10.5.2.3 Demographic Reach and Achievements
10.5.2.4 Certifications
10.5.3 Alternergy Holdings Corporation
10.5.3.1 Company Overview
10.5.3.2 Product Portfolio
10.5.3.3 Demographic Reach and Achievements
10.5.3.4 Certifications
10.5.4 Triconti
10.5.4.1 Company Overview
10.5.4.2 Product Portfolio
10.5.4.3 Demographic Reach and Achievements
10.5.4.4 Certifications
10.5.5 Others

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