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Latest News​

MGEN Unit Expands Handumanan Reforestation in Panay

MGEN, West Visayas State University, and DENR officials form partnerships for reforestation efforts in Lambunao, Iloilo. WVSU-CAF Campus Administrator Dr. Joel A. Araquil, Sr.; MGEN Thermal Chief Operating Officer Arnel L. Santos; MGEN Thermal Panay Site Head Antonio...
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MTerra Solar Announces Board Reorganization as Project Nears Grid Injection

Spanning four municipalities across Nueva Ecija and Bulacan, MTerra Solar Project is set to become the world’s largest integrated solar and battery storage facility Pasig City, Philippines — 23 January 2026 — Terra Solar Philippines Inc. (MTerra Solar), an affiliate...
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MEDIA STATEMENT: Update on SPNEC Company Name Change

Pasig City, Philippines – 22 January 2026 —This is to confirm that SP New Energy Corporation (SPNEC), a renewable energy subsidiary of Meralco PowerGen Corporation (MGEN), has filed today with the Securities and Exchange Commission (SEC) an application to change its...
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MEDIA STATEMENT: SPNEC Clarification on DOE-Reported Solar Service Contracts

Pasig City, Philippines – 18 January 2026 — SP New Energy Corporation (SPNEC) wishes to clarify that it is not liable to pay the Php 24 billion penalties quoted by the Department of Energy (DOE) for the terminated service contracts of Solar Philippines. Of the 12,000...
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MEDIA STATEMENT: MGEN’S INVESTMENT IN SP NEW ENERGY CORPORATION (SPNEC)

Pasig City, Philippines – 11 January 2026 — Meralco PowerGen Corporation (MGEN) today clarifies that SP New Energy Corporation (SPNEC) is a separate and distinct corporate entity from Solar Para Sa Bayan Corporation (SPBC). MGEN did not acquire any share in SPBC,...
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Previous News​

MGEN Champions Renewable Push at Solar & Storage Live PH 2025

MGEN Champions Renewable Push at Solar & Storage Live PH 2025

May 20, 2025

MTerra Solar achieves breakthrough progress rate of 42%                                               Construction in full swing at the MTerra Solar project site in Nueva Ecija.   19 May 2025 – Pasay City, Philippines – MGEN Renewable Energy Inc. (MGreen), the...

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Powering the Shift: MGEN Accelerates PH’s Energy Transition

Powering the Shift: MGEN Accelerates PH’s Energy Transition

May 20, 2025

MGreen Baras Solar is the province of Rizal’s first and only solar farm.   Meralco PowerGen Corporation (MGEN) is driving the Philippines’ energy transition with urgency and purpose. Through its renewable energy arm, MGEN Renewable Energy, Inc. (MGreen), the...

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MGEN Unit Signs Largest PH Financing Deal

MGEN Unit Signs Largest PH Financing Deal

Apr 23, 2025

MGEN unit seals Php150 billion loan agreement for MTerra Solar Project, the world's largest integrated solar PV and battery energy storage system facility. Seen on the photo (from L-R): Metropolitan Bank & Trust Company Executive Vice President and Head of...

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MGEN Outlines Path to Low Carbon Future

MGEN Outlines Path to Low Carbon Future

Apr 21, 2025

  Cagayan de Oro City, Philippines – Meralco PowerGen Corporation (MGEN) reaffirmed its commitment to the country’s clean energy transition at the 2025 Philippine Electric Power Industry Forum (PEPIF), organized by the Independent Electricity Market Operator of...

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MGEN Switches-On 52.8 MW Solar Power Facility in Isabela

MGEN Switches-On 52.8 MW Solar Power Facility in Isabela

Mar 20, 2025

MGreen Cordon Solar in Barangay Capirpiriwan, Cordon, Isabela. This 52.8 MWac solar facility is one of the biggest operational solar plants in the whole of Region 2 under the second Green Energy Auction (GEA II) program of the DOE and will provide clean energy to over...

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