Press Releases
MTerra Solar Project Breaks Ground: A Monumental Milestone in the Philippines’ Renewable Energy Transition
Nueva Ecija, Philippines, November 21, 2024 – Terra Solar Philippines, Inc. (TSPI), together with Meralco PowerGen Corporation (MGEN) and SP New Energy Corporation (SPNEC), officially broke ground for the Terra Solar Project — the world’s largest integrated solar and battery storage facility. President Ferdinand R. Marcos Jr. and Meralco Chairman and CEO Manny V. Pangilinan (MVP) co-led the groundbreaking ceremony, alongside leaders from Meralco, MGEN, SPNEC, and Actis. With construction now in full swing, the landmark project represents a transformative leap forward in the Philippines’ quest for a cleaner and more sustainable energy future.
Terra Solar Awards EPC Contract to Energy China for World’s Largest Solar Power Plant
Pasig, Metro Manila, Philippines — November 18, 2024 — 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...
MGEN and SPNEC Announce a Strategic Partnership with Actis
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”) – poised to be the...
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...
Energy Executive Emmanuel V. Rubio takes the helm as President of Meralco’s Power Generation Unit
Meralco PowerGen Corporation (MGen), the power generation investment unit of Manila Electric Company (Meralco), has officially appointed energy executive Emmanuel V. Rubio as its President and Chief Executive (CEO) Officer starting July 1, 2024. Rubio brings a wealth...
In the News
MGen seals EPC contract for P4.25-B solar farm
By Victor V. Saulon | BusinessWorld MERALCO POWERGEN Corp. (MGen) said on Sunday that its solar energy project in Bulacan has signed an engineering, procurement and construction (EPC) contract for its P4.25-billion solar farm in Bulacan, marking the company’s...
Meralco subsidiary takes 40% stake in P4.25-b Bulacan solar power project
BY Alena Mae S. Flores | Manila Standard MGEN Renewable Energy Inc., the renewable energy subsidiary of Meralco PowerGen Corp., acquired a 40-percent stake in PowerSource First Bulacan Solar Inc. which is developing a P4.25-billion solar power project in...
Meralco RE arm taps contractor for Bulacan project
By JORDEENE B. LAGARE | Manila Times MANILA Electric Co.’s (Meralco) power generation arm has tapped a contractor for the construction of a 50-megawatt (MW) solar power plant in Bulacan. PowerSource First Bulacan Solar Inc. (PFBSI) signed on Friday an...
Meralco unit signs contract for Bulacan project
By Malaya Business Insight PowerSource First Bulacan Solar Inc. (PFBSI), an affiliate of Meralco PowerGen Corp. (MGen), signed an engineering, procurement and construction contract with SUMEC Complete Equipment & Engineering Co. Ltd. for a solar power...
MGen keen on joining floating solar power project in Laguna
By Lenie Lectura | Business Mirror MERALCO PowerGen Corp. (MGen), the power generation subsidiary of Manila Electric Co. (Meralco), wants to take part in the development of a floating solar power project via a partnership with a solar power developer. “We have not...
Meralco unit eyes floating solar plant in Laguna de Bay
BY Alena Mae S. Flores | Manila Standard MGen Renewable Energy Inc., a subsidiary of Meralco PowerGen Corp., plans to put up a 110-megawatt floating solar project in Laguna de Bay, a top executive said Wednesday. “We are in the process of applying for a pilot...
MGen eyes floating solar plant in Laguna
By Danessa Rivera | The Philippine Star MANILA, Philippines — The renewable energy unit of power generation arm Meralco Powergen Corp. (MGen) plans to build a floating solar project in Laguna Lake. MGen president and chief executive officer Rogelio Singson said...
MGen pitches floating solar facility on Laguna de Bay
By: Ronnel W. Domingo | Inquirer Manila Electric Co.’s (Meralco) power generation arm is looking into a possible 110-megawatt floating solar facility on Laguna de Bay as part of its renewable energy thrust. Meralco PowerGen Corp. (MGen) president and chief...
Meralco firm eyes floating solar project in Laguna Lake
By Myrna M. Velasco | Manila Bulletin The power generation arm of Manila Electric Company (Meralco) is targeting to install 110-megawatt floating solar direct current (DC) facility in Laguna Lake. Rogelio L. Singson, president and CEO of Meralco PowerGen...
Floating solar power project eyed in Laguna Lake
By Malaya Business Insight Meralco PowerGen Corp. (MGen) is in talks with the Laguna Lake Development Authority (LLDA) for the development of a 110 megawatts (MW) floating solar project. Rogelio Singson, the company’s president and chief executive officer, told...