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BESS Supply Agreement Signed for MTerra Solar
Hong Kong — December 6, 2024 — Terra Solar Philippines Inc. (TSPI), a unit of MGEN Renewable Energy Inc. (MGreen), signed a Battery Energy Storage Systems (BESS) Supply Agreement with Huawei International,...
MGEN unit seals EPC contract with POWERCHINA for East-side Development of MTerra Solar Project
Pasig, Metro Manila, Philippines — November 29, 2024 — Terra Solar Philippines, Inc. (TSPI) officially signs an Engineering, Procurement, and Construction (EPC) contract with the Power Construction Corporation of China Ltd. along with its affiliates (Power China)....
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...
MGreen units secure funding for solar projects in Isabela and Nueva Ecija
Units of MGen Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation (MGen), successfully secured funding for two of its solar power plant projects. These projects have a combined capacity of 67.75 megawatts AC (MWac) of renewable...
MGreen’s Greenergy for Global Inc. kicks off solar power plant project in Isabela
Greenergy for Global, Inc. (GGI) celebrated the ceremonial kickoff of its 49 MWac solar power plant in Cordon, Isabela last February 24, 2024. GGI, a subsidiary of MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corporation...