| Meralco Terra Solar Farm | |
| Country: | Philippines |
| Location: | Bulacan and Nueva Ecija |
| Status: | Underconstruction |
| Commissioned: | 2026 (planned) |
| Owner: | Terra Solar Philippines Inc. |
| Solar Type: | PV |
| Ps Site Area: | 3500ha |
| Ps Electrical Capacity: | 3,500 MW (planned) |
| Ps Storage Capacity: | 4,500 MWh |
The Meralco Terra (MTerra) Solar Project is a solar thermal power and energy battery storage facility project underconstruction in the Philippines.
Solar Philippines initially planned to build a 500 MW solar power plant in Peñaranda, Nueva Ecija which was projected to be the largest of its kind in Southeast Asia.[1]
The project for the Nueva Ecija solar farm was first conceptualized in 2016. It would be built in phases with the first phase to produce 225 MW.[2] Construction was planned for late-2021.[3]
Terra Solar, the company was established in 2020 as a joint venture between Prime Infra and Solar Philippines, the parent [4]
In 2022, Solar Philippines announced its expanding its planned Nueva Ecija facility to include land in Bulacan.[5] Clearing of land for the solar facility began by January 2024.[6]
SPNEC's Manuel Pangilinan announced in March 2024 plans to sell 40% of the equity in Terra Solar Philippines Inc. to get more investors to build a P200-billion cache. "The investment [for the project] would be at Terra Solar, which is 100 percent owned by SPNEC. Most likely, foreign investors will come in for an up to 40-percent equity stake at the Terra Solar level," Pangilinan said.[7] [8]
The solar power initiative was inaugurated as the Meralco Terra Solar Project on November 21, 2024 in Barangay Callos, Peñaranda,[9] Nueva Ecija in a ceremony led by president Bongbong Marcos.[10] [11] [12]
The first phase of the project covering 2,500 MW is expected to be complete by 2026.[13] The second phase by 2027.[14] Energy China is the engineering, procurement, and construction contractor for the project.[15]
The Meralco Terra Solar facility will span across an area of 3500ha across Gapan, General Tinio, Peñaranda, and San Leonardo in Nueva Ecija and San Miguel in Bulacan.[13]
It will have a production capacity of 3,500 MW as well as a 4,500 MWh Battery Energy Storage System (BESS).[13] It will be connected to the national grid via the 500-kilovolt (kV) Nagsaag–San Jose Transmission Line.[10] Meralco will distribute 850 MW of the power produced to its customers.[16]