MTerra Solar Project, Philippines
The MTerra Solar Project is an integrated solar and battery storage facility being built in the Philippines.
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MANILA, Philippines — BDO Unibank Inc. is taking a leading role in financing the world's largest integrated solar and battery storage project, MTerra Solar, which is being built to help meet the Philippines' rising power demand.
Across its portfolio, MGEN has a combined net sellable capacity of 4,953 MW from traditional and renewable sources as of March 2025. Terra Solar Philippines Inc. (MTerra Solar) is the project company developing the MTerra Solar Project, set to be the world's largest integrated solar and battery storage facility.
The project, which will deliver 3,500 MWp of solar and 4,500 MWh of battery energy storage capacity, is a critical step in meeting the country's goal of 35% renewable energy share by 2030, and 50% by 2040.
The Philippines Government's Board of Investments (BOI) awarded a Green Lane Certificate of endorsement for the project in 2024. (Credit: Meralco PowerGen Corporation) The MTerra Solar Project is being developed in Philippines. (Credit: Jacobs) The groundbreaking ceremony for the project. (Credit: Terra Solar Philippines Inc.)
The MTerra Solar Project is an integrated solar and battery storage facility being built in the Philippines.
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MANILA, Philippines — BDO Unibank Inc. is taking a leading role in financing the world''s largest integrated solar and battery storage project, MTerra Solar, which is being built to help meet
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The Energy Regulatory Commission (ERC) of the Philippines has given the MTerra Solar Project permission to develop its own dedicated transmission facilities and connect to the Luzon grid. The
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The Energy Regulatory Commission of the Philippines has granted grid connection approval for the 3.5 GW MTerra Solar project. The approval allows the development of a dedicated
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The firm has agreed to partner with utility Manila Electric Company (Meralco) and its subsidiary, Solar Philippines New Energy Corporation, to invest in the Terra Solar Project. The
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Pasig City, Philippines — 22 April 2025 — Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines'' largest
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The Energy Regulatory Commission (ERC) of the Philippines has approved Terra Solar Philippines Inc. (TSPI)''s application to develop and own dedicated transmission facilities for the
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Grid tied storage system project financing options in Philippines 2025 With the Philippines grappling with grid instability and surging residential energy demands, the company spotlighted two flagship
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Explore how innovative energy storage solutions are shaping the Philippines'' renewable energy landscape. Discover technical requirements, market opportunities, and best practices for bidding on
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Recently, the MTerra Solar project, the largest solar energy storage project in the Philippines, has officially received grid access approval from the Philippine Energy Regulatory
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