Philippines: $3.4b ''biggest-in-the-world integrated solar-battery
Manila: In a bold move to ramp up its renewable energy ambitions, the Philippines launched a $3.4-billion solar power and battery storage project has been kicked off north of the
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).
Location: Bulacan and Nueva Ecija Area: 3,500 hectares (35 square kilometre) Investment: Php200+ billion ($3.4 billion) Production/storage capacity: 3,500 megawatts (solar) and 4,500 megawatt-hours (battery storage) Distinction: Aims to be the largest integrated solar and battery storage facility" Start: November 2024 Completion: 2027
POWER FOR 2 MILLION HOMES: Philippine President Ferdinand Marcos Jr (centre), leads the groundbreaking ceremony of the $3.4-billion MTerra Solar Project, located in a 3,500-hectare (35 sq km) land between Nueva Ecija and Bulacan, on Thursday (November 21), said to be the biggest integrated solar plant and battery storage facility in the world.
The MTerra Solar Project will initially supply 600 megawatts (MW) of power by February 2026, with an additional 250 MW by February 2027, under a 20-year supply agreement with Meralco. This ensures compliance with the Department of Energy's renewable portfolio standards and supports Meralco's goal of sourcing 1,500 MW from renewable energy.
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