MGen launches 19.8MW solar plant in Bongabon
MGen Renewable Energy Inc., a subsidiary of Meralco PowerGen Corporation, has launched its 19.8-megawatt solar power plant in Bongabon, Nueva Ecija.
The facility was energized on Wednesday and is expected to supply electricity to around 20,000 households and businesses, reducing carbon emissions by approximately 19,000 tons per year.
MGreen's project, completed six months ahead of schedule, marks the first completion under the second Green Energy Auction (GEA2) program and strengthens MGen's goal to develop up to 1,500 MW of attributable renewable energy capacity by 2030.
For this year, MGreen targets an additional 85.2 MW solar capacity through new projects in Cordon, Isabela, and the expansion of its Baras, Rizal facility.
The company's MTerra Solar project, set to become the world's largest solar facility with a total capacity of 3,500 MW and a massive battery energy storage system, is expected to deliver power to more than 2.4 million households upon completion by 2027.
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