News
MTerra Solar Project Breaks Ground: A Monumental Milestone in the Philippines’ Renewable Energy Transition
RE Milestone. President Ferdinand Marcos Jr. (center) leads the groundbreaking ceremony of the MTerra Solar Project — the world’s largest integrated solar and battery storage facility. Seen in the photo are (from L-R) Special Assistant to the President for Investment and Economic Affairs Frederick Go, Department of the Interior and
Terra Solar Awards EPC Contract to Energy China for World’s Largest Solar Power Plant
Terra Solar Philippines, Inc.
(TSPI) signs the Engineering, Procurement, and Construction (EPC) contract with China Energy Engineering Group Co., Ltd (Energy China). This milestone marks a significant step in the development of the world’s largest contiguous solar and battery power plant, which is set to transform the renewable energy
MGen and SPNEC Announce Strategic Partnership; Actis Invests in 40% Equity Stake in Terra Solar
Meralco Powergen Corporation (“MGEN”) and its subsidiary, Solar Philippines New Energy Corporation (“SPNEC”) have agreed to enter into a strategic partnership with Actis to invest in a 40% equity stake in Terra Solar Philippines, Inc.
Terra Solar Philippines draws foreign interest in P200-B solar project — SPNEC
SP New Energy Corp. (SPNEC) said around five foreign investors are keen on investing in Terra Solar Philippines, Inc., which is building a P200-billion solar project. “About five have expressed interest,” SPNEC President and Chief Executive Officer Manuel V. Pangilinan told reporters on Tuesday. “They’re now talking to several foreign investors.
MGreen’s Terra Solar Project gets BOI’s Green Lane Certificate
In line with the Philippine government’s thrust for a more diversified and balanced energy mix to address the nation’s energy security concerns, the Board of Investments (BOI) has given MGen Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation (MGen), a Green Lane Certificate of endorsement for