Stay informed on the latest happenings and headlines in the Philippine power industry with Mabuhay Energy’s Weekly News Spotlight! This week, we’re featuring key articles from the regulatory sector that are shaping the energy landscape: DOE Optimistic to Meet 50% Clean Energy Share by 2040 The Department of Energy (DOE) is optimistic that the Philippines will surpass its target of a 50% renewable energy (RE) share in the power generation mix by 2040, projecting a 56.9% share based on simulations. Read more: https://www.pna.gov.ph/articles/1248488#:~:text=The%20Marcos%20administration%20eyes%20RE,Marcos%20Jr. DOE Sees Stable Mindanao Power Supply During Polls and Counting Period The Department of Energy (DOE) assured that no yellow or red alerts are expected for the Mindanao power grid during the May 12 elections, citing low power demand and the absence of an El Niño forecast. Read more: https://www.pna.gov.ph/articles/1248385 Mabuhay Energy, #YourPartnerForGrowth