MTerra Solar Phase 1 Initial Grid Synchronisation and Energisation
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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Counterparts (4)
Developer
M
Meralco PowerGen Corporation (MGEN)
Meralco PowerGen Corporation (MGEN) is a Philippine power producer with an attributable generation capacity of over 2,200 MW, focused on developing and operating thermal and renewable energy projects across the Philippines.
Terra Solar Philippines Inc.
Terra Solar Philippines Inc., a subsidiary of Prime Infrastructure Capital Inc., is a renewable energy developer focused on large-scale solar power and battery energy storage systems in the Philippines. The company is currently developing a 3.5 GW solar and 4 GWh battery storage facility, one of the world's largest, with operations expected by 2026.
Partner
Actis
Actis is a global investment firm focused on sustainable infrastructure. They invest in and develop infrastructure assets across various sectors, with a focus on emerging markets.
National Grid Corporation of the Philippines (NGCP)
National Grid Corporation of the Philippines (NGCP) is the sole power transmission service provider in the Philippines, operating and maintaining the country's entire 23,000+ circuit-kilometer grid under a 25-year concession agreement.
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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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