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 project plans to pair
The Philippines solar energy market has experienced significant growth in recent years, driven by favorable government policies, declining solar panel prices,
As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth
Meralco PowerGen Corp. (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has formally closed a record P150-billion syndicated loan to finance the world''s largest integrated solar and battery
Meanwhile, engineering, procurement, and construction (EPC) contracts for both projects have been awarded to GEDI China Energy, a subsidiary of China Energy Engineering
Discover key opportunities and challenges in the Philippines'' solar energy market for 2025. Learn about growth trends, policies, and investment prospects.
The rapid growth in the energy storage market continues to drive demand for project financing, and like any other project-financed asset class, lenders will analyze both the amount and
The United States and global energy storage markets have experienced rapid growth that is expected to continue. An estimated 387 gigawatts (GW) (or 1,143 gigawatt hours (GWh)) of new energy storage
Solar & Storage Finance USA 2025 is a transaction-focused summit where capital providers connect with the leaders executing America''s pipeline of utility scale solar and storage
With an ambitious target of achieving 50% renewable energy (RE) in its power mix by 2040, the country faces a challenging journey marked by economic, institutional, social, and geopolitical
Meralco PowerGen Corporation (MGEN), through its subsidiary Terra Solar Philippines Inc. (MTerra Solar), has sealed a PHP 150 billion financing agreement with six of
Business financing in the Philippines plays a crucial role in closing this investment gap. This article outlines key financing options to accelerate renewable energy
As such, we''re providing this "Cheat Sheet for Energy Storage Finance" based on our work as buy-side and sell-side investment bankers experienced in both energy storage venture capital and project finance. I''m also including some
PHILIPPINES is actively taking steps for clean energy development through multiple projects annouced across solar, wind, hydrogen and energy transmission; which is
Manila, Philippines – 9 May 2025 – As the global climate crisis intensifies, the Philippines is stepping up with bold energy ambitions. Solar & Storage Live Philippines 2025 serves as a dynamic platform to showcase
The solar-plus-storage project is being developed by Terra Solar Philippines, a company set up specifically for it as a subsidiary of independent power producer SP New Energy Corporation, which in turn is a
Here are seven financing options for the residential, commercial and industrial sectors to consider: Power Purchase Agreements PPAs are a popular choice among intensive
BDO Unibank has crossed a historic milestone, exceeding PHP 1.04 trillion in sustainable financing since launching its program in 2010. The bank''s investments support a
1 天前· Moreover, two service modes of independent and shared energy storage participation in power market transactions are analyzed, and the challenges faced by the large-scale
Pasig City, Philippines — 22 April 2025 — Meralco PowerGen Corporation (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has closed the Philippines'' largest syndicated loan at ₱150 billion to
IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area. A strong outlook for 2025 In summary, the
Known as the Meralco Terra (MTerra) Solar project, the facility is being built to help meet the Philippines'' rising power demand. BDO, which is investing a bulk of the 150
The next big challenge for energy storage, after bringing down the cost so that storage is economic and finding a suitable business model, is financing.
Discover how energy storage solutions transform business power strategies in the Philippines. Cut costs, boost reliability & control energy usage.
ADB and the Global Energy Alliance for People and Planet have joined forces to launch ENABLE (Enhancing Access to Battery Energy Storage System for Low-carbon
Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the total utility-scale energy storage
As a trusted renewable energy company Philippines, Solaren partners with leading banks and financing platforms to deliver flexible terms. Current options include: Zero
The funding will enable the expansion of large-scale solar power generation and storage capabilities, reinforcing the country''s transition to renewable energy and ensuring a more stable and sustainable power supply.
Straddling the provinces of Nueva Ecija and Bulacan, the project consists of 3,500 megawatts of solar panels paired with 4,500 MW-hours of battery energy storage system components.
Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding. An estimated 650 gigawatts (GW) (or 1,877 gigawatt-hours) of new
PetroGreen Energy Corporation (PGEC), the renewable energy arm of PetroEnergy Resources Corporation (PERC), plans to roll out a 98-megawatt direct current
With this financial backing, MTerra Solar aims to accelerate its solar infrastructure projects, strengthening the Philippines’ energy security while reducing dependence on fossil fuels. As the country moves toward cleaner energy solutions, how do you see the role of large-scale solar investments shaping the future of power generation?
The financing deal, announced earlier this year, will provide much-needed financial muscle for the P200-billlion MTerra Solar, which is poised to become the world’s largest integrated solar and battery storage project.
Recently, MGEN has invested a 40.2% stake in an integrated LNG facility in Batangas, Philippines. Across its portfolio, MGEN has a combined net sellable capacity of 4,953 MW from traditional and renewable sources as of March 2025.
