Deals Counterparts

MTerra Solar Phase 1 Initial Grid Synchronisation and Energisation

Development Solar announced Philippines Feb 12, 2026
1288 MW
Capacity

MTerra Solar Phase 1, a 1,288 MWdc solar PV project with 622 battery energy storage units, achieved initial grid synchronisation and energisation in the Philippines.

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Deal Analysis

The 1,288 MWdc MTerra Solar Phase 1 project, incorporating 622 battery energy storage units, has achieved initial grid synchronisation and energisation in the Philippines. This significant development project is spearheaded by Meralco PowerGen Corporation and Terra Solar Philippines Inc. The strategic partnership with Actis, a global firm specializing in sustainable infrastructure in emerging markets, provides crucial support. The integration of substantial battery storage alongside solar PV capacity directly addresses grid stability challenges inherent in large-scale intermittent renewable generation. NGCP's involvement as a partner is critical for the successful integration into the national grid, advancing the Philippines' renewable energy transition with a substantial, dispatchable solar asset.
  • The project's substantial 1,288 MWdc solar PV capacity.
  • Integration of 622 battery energy storage units alongside the solar PV.
  • Actis, a global investment firm focused on sustainable infrastructure in emerging markets, is a partner.
  • Initial grid synchronisation and energisation achieved in the Philippines.

Timeline

Announced
Feb 12, 2026
Signed
Closed

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