Business World

MGen’s solar project in Bulacan set for grid impact study

- Adam J. Ang

THE Department of Energy (DoE) signed off the solar farm project of Meralco Powergen Corp. ( MGen) for a grid impact study.

It endorsed the 50-megawatt (MW) renewables project of Manila Electric Co.’s ( Meralco) power generation unit for an impact study with the National Grid Corporatio­n of the Philippine­s ( NGCP) on Aug. 17, data from DoE showed.

The study is meant to assess the impact of a new power plant’s load and capacity before it can go online.

In July, the company said it was still targeting to commercial­ly launch the solar farm by the end of the year. The facility was initially set to start power generation in the third quarter, but was pushed back due to disruption­s caused by the ongoing pandemic.

The P4.25- billion project is situated in a 72- hectare area in San Miguel, Bulacan. It is being constructe­d by Chinese fi rm SUMEC Complete Equipment & Engineerin­g Co. Ltd., which won the contract in December last year.

Its proponent, PowerSourc­e First Bulacan Solar, Inc., is 40%- owned by MGen through MGen Renewable Energy, Inc. A 36% stake is held by PowerSourc­e Global Holdings Corp., while the remaining 24% is owned by Singaporeb­ased Sunseap Internatio­nal Pte. Ltd.

MGen plans to roll out 1,000- MW projects over the next five to seven years.

Other big power plant projects, which the DoE recently endorsed for a grid impact study, are the 1,200- MW Ilijan Natural Gas Fired Plant Project of San Miguel Corp.- led Excellent Energy Resources, Inc. in Batangas, and three solar power projects of Solar Philippine­s Power Project Holdings each with 1,200- MW installed capacity. —

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