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
Meralco PowerGen to join supply bidding
By Alena Mae Flores | Manila Standard Meralco PowerGen Corp. expressed interest to join the competitive selection process for the supply of 1,800 megawatts of base load power to Manila Electric Co. “Yes, MGen will join,” Meralco PowerGen president Rogelio...
Top power firms keen on Meralco CSP
By Lenie Lectura | Business Mirror The biggest power producers in the industry, including San Miguel Corp. (SMC), are now evaluating the bid terms released Thursday by the Manila Electric Co. (Meralco) for the 1,800megawatts (MW) Competitive Selection Process...
‘Coal plants to boost Luzon grid capacity’
By Lenie Lectura | Business Mirror Nearly 6,000 megawatts (MW) of total power generation capacity would be added to the Luzon grid until 2025, the Department of Energy (DOE) said. A report released Monday showed that bulk of the committed power projects as of...
MGen’s solar project in Bulacan set for grid impact study
by Adam J. Ang | BusinessWorld THE Department of Energy (DoE) signed off the solar farm project of Meralco Powergen Corp. (MGen) for a grid impact study. It endorsed the 50-megawatt (MW) renewables project of Manila Electric Co.’s (Meralco) power generation...
RP Energy teams up with One Meralco Foundation to fight COVID-19
By Manila Standard Redondo Peninsula Energy, Inc. (RP Energy), through the support of One Meralco Foundation, recently donated 26 desktop computers to support the Philippine Red Cross (PRC) in its efforts to fight the COVID-19 pandemic. The computers, will be used in...
Meralco unit resumes work on 2 power plants
By Myrna M. Velasco Manila Bulletin The power generation investment arm of Manila Electric Company (Meralco) has resumed development works and construction activities at its project-sites in Atimonan, Quezon and San Miguel, Bulacan as lockdown restrictions had already...
MGen resumes site activities in Quezon, Bulacan
By The Manila Times Meralco PowerGen Corp. (MGen) announced on Friday the resumption of site activities in Quezon and Bulacan provinces after the government eased quarantine restrictions this month. In a statement, the power generation arm of the Manila Electric Co....
MGen resumes construction of power plants
By Adam J. Ang, Business World Two project companies of Meralco Powergen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), have resumed site activities as the government further relaxed the quarantine measures in Luzon. Atimonan One Energy,...
Meralco bares plan to boost generation capacity to 3,000 MW
By Alena Mae S. Flores | Manila Standard Power retailer Manila Electric Co. is looking at generating 3,000 megawatts in the next five years, including 1,000 MW from renewable energy. “We are targeting around 3,000 MW within the next five years, with 1,000 MW allocated...
Meralco eyes 3,000 MW capacity
By Danessa Rivera | The Philippine Star MANILA, Philippines — Manila Electric Co. is eyeing 3,000 megawatts (MW) in capacity as part of its growth strategy for power generating unit Meralco Powergen Corp. (MGen). “We are targeting around 3,000 MW in the next five...