MERALCO launches 50-megawatt Bulacan solar plant
PowerSource First Bulacan Solar, Inc. (PFBSI), a 60-40 joint venture between MGen Renewable Energy, Inc. (MGreen) and PowerSource Energy Holdings Corporation has officially started commercial operations of its 50-megawatt solar power plant in San Miguel, Bulacan, providing clean energy to the Luzon Grid.
Now called BulacanSol, the newly completed Php4.25 billion solar farm secured a clearance to operate from the Energy Regulatory Commission on Wednesday.
MGreen is the renewable energy unit of MERALCO PowerGen Corporation (MGen), which in turn is the power generation arm of the Manila Electric Company (MERALCO) — the country’s largest power distributor.
Construction activities for the plant started in December 2019 following the issuance of notice-to-proceed to SUMEC Complete Equipment & Engineering Co. Ltd., the engineering, procurement, and construction contractor for the project.
Back in February, BulacanSol reached 1.5 million safe man-hours without lost time incident, reflecting the company’s commitment to safety and security in all its activities. MERALCO said this was achieved considering hurdles encountered including delays brought about by the COVID-19 pandemic and a string of weather disturbances that limited movements at the power plant site.
“This is a modest step into renewables but a significant one for MERALCO. We look forward to many more investments in renewables, particularly solar, as we attempt to achieve that balance in fuel sourcing, which will ultimately be biased towards renewables,” MERALCO Chairman Manny V. Pangilinan said in a statement.