MTerra Solar Phase 1 Begins Commercial Operations

The MTerra Solar project is a key part of MGEN’s growing renewable energy portfolio and its commitment to supporting the Philippines’ energy transition. Pasig City, Philippines – 03 September 2026 — MTerra Solar Phase 1 has officially declared commercial operations for 600MWac mid-merit capacity under its Power Supply Agreement (PSA) with Meralco, marking a major […]

MGEN Inaugurates MTerra Solar Phase 1

Public and private sector officials at the MTerra Solar Phase 1 Inauguration. Seen on the photo (from L-R) are: Gen. Tinio Mayor Sherry Ann Bolisay; Gapan Mayor Joy Pascual; Nueva Ecija Rep. Emerson Pascual; MGEN President and CEO Emmanuel V. Rubio; Department of Energy Secretary Hon. Sharon S. Garin; First Lady Liza Araneta-Marcos; Republic of […]

MTerra Solar Powers Up 250 MW, Boosting Energy Supply Amid Global Volatility

First tranche of Battery Energy Storage System (BESS) now delivers 450MWhr to the grid at night which represents the largest operational BESS available in the Philippines. Pasig City, Philippines – 30 March 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully energized the first 250-megawatts (MW) of […]

MTerra Solar Now Delivering Power to the Luzon Grid

The MTerra Solar project is set to become the Philippines’ largest integrated solar PV and battery facility. Once fully completed, it will deliver 3,500 MWp of solar PV capacity paired with 4,500 MWh of BESS. Pasig City, Philippines – 14 March 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra […]

MTerra Solar Phase 1 Now Energized and Synchronized with the Luzon Grid

MGEN, Actis, DOE, and NGCP officials mark the initial synchronization and energization of MTerra Solar – achieved in less than 15 months since its groundbreaking. Pasig City, Philippines – 14 February 2026 – Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has successfully completed the initial grid synchronization and energization […]

MTerra Solar Awards EPC Contract to Energy China for Phase 2

MGEN and Energy China Executives seal partnership for theexecution of Engineering, Procurement, and Construction (EPC) Contractsfor MTerra Solar Project Phase 2. Seen on the photo (fromL-R) are: MGEN Renewables Supply Chain Management Head; MGEN Renewables Project Development and Execution Head Ashvind Gobinathan; MGEN Renewables Chief Finance Officer Rochel Donato Gloria; MGEN Chief Legal Counsel and Corporate Governance and […]

SPNEC makes it to MSCI index

Edit with Elementor Loading Integrated solar developer SP New Energy Corp. (SPNEC) has replaced MREIT Inc. in the exclusive and coveted MSCI Philippines Small Cap Index.   Source: Manila Bulletin

SPNEC added to MSCI Philippines index

Listed integrated solar developer SP New Energy Corp. (SPNEC) is poised to be the only company to be added in the MSCI Philippines Small Cap Index for its upcoming rebalancing. The MSCI Global Small Cap Indexes has revealed the changes will take place at the close of market on Feb. 29.   Source: PhilStar

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. (MGreen), a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp. (SPNEC).   Source: PhilStar