Filipino utility Mgen’s 50 MW solar project in Bucalan has come online. Commercial operations have started at a 50 MW solar power plant in the Philippines after construction was disrupted by the COVID-19 pandemic last year. The system, called PowerSource First Bulacan Solar, Inc. (PFBSI), is a joint venture between local power companies MGen Renewable […]
Mitsui Plans Solar Plant in Philippines With Local Partner
Japanese company Mitsui and Philippine independent power producer Global Business Power Corp will jointly develop a 115 megawatt (MW) solar project in the Philippines. It is reported that the project will be located in the northern province of Rizal and is expected to cost ¥7 billion yen ($63.8 million). 40% of the cost will be […]
MERALCO RE arm eyeing more floating solar plants in Laguna Lake
MERALCO PowerGen Corporation (MGen), the power generating arm of the Manila Electric Company (MERALCO), plans to develop more floating solar plants in the Laguna De Bay. According to a report from The Philippine Star, MGen is still awaiting regulation from the Laguna Lake Development Authority (LLDA) regarding its proposed plan. The plan would be rolled […]
MGen giving P424 million to MGreen for 210 MW of solar-power projects
THE Manila Electric Co. (Meralco) will provide P424 million to MGen Renewable Energy Inc. (MGreen) to partly finance the development of 210 megawatts (MW) of various solar-power projects. “The company’s board of directors approved the request from MGreen, a subsidiary of Meralco PowerGen Corp., for a total of P424.2-million equity funding for its solar projects […]