UK investment firm Actis has finalised its investment in Terra Solar Philippines Inc, thus taking an equity stake in a GW-scale solar and energy storage project in a deal worth USD 600 million (EUR 550.5m). Image by: Actis. The transaction was sealed with MGEN Renewable Energy Inc, a unit of Manila Electric Company (PSE:MER), or Meralco.
Developing innovative wind, solar, and energy storage solutions for the Philippines and beyond. Leading the renewable energy revolution across Southeast Asia. Econergy Renewable Power Philippines Inc. is at the forefront of the sustainable energy revolution in Southeast Asia, with a specialized focus on the dynamic Philippines market.
The project, which is strategically located on the Philippines’ main island of Luzon, about 100km from Manila, will combine 3.5GWp of solar PV capacity with 4.5GWh of battery energy storage system (BESS).
The transaction with Solar Philippines New Energy Corporation, which currently owns 100% of the project, was announced at a signing ceremony in Pasig City, Philippines, attended by Torbjorn Caesar, Chairman and Senior Partner at Actis, Manuel V. Pangilinan, Chairman of Meralco, and Emmanuel V. Rubio, CEO of Meralco PowerGen (MGen).
Our solar PV systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
Battery Energy Storage System As a trailblazer in battery energy storage technology in the Philippines, San Miguel Global Power is able to significantly support the use of renewable …
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UK investment firm Actis has finalised its investment in Terra Solar Philippines Inc, thus taking an equity stake in a GW-scale solar and energy storage project in a deal worth …
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The Philippine Solar and Storage Energy Alliance (PSSEA) is the country’s leading alliance dedicated to advancing solar and energy storage as integral solutions for a …
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The Philippines is showing real purpose on the energy transition and no project represents this more than the Terra Solar Project. It will co-locate solar PV with battery storage …
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Econergy Renewable Power Philippines Inc. - Leading renewable energy solutions in Southeast Asia. Specializing in wind, solar, and energy storage projects.
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Philippine president Ferdinand Marcos Jr (centre) at the November 2024 groundbreaking for the Meralco Terra Solar project. Image: Meralco Terra Solar The power …
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The Terra Solar Project will provide electricity to circa 2.4 million Philippine households2 The transaction represents the largest foreign direct investment for a greenfield …
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[Philippines, 12 December 2025] Vena Energy, the renewable energy arm of Vena Group and a leading provider of green energy solutions across the Asia-Pacific region, today …
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The first ever solar-plus-storage hybrid resources system in the Philippinesis now in operation after energy company AC Energy (ACEN) switched on the site''s battery energy …
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It is the power generation arm of the Manila Electric Company (MERALCO), the largest private electric distribution utility in the Philippines. We power the good life of the …
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