GAPAN, Nueva Ecija — President Ferdinand Marcos Jr. on Tuesday inaugurated Phase I of the Meralco Terra (MTerra) Solar Project, touted as the world’s largest integrated solar and battery storage facility.
The President was joined by first lady Liza Araneta-Marcos, Energy Secretary Sharon Garin and Meralco Chairman and Chief Executive Officer Manuel V. Pangilinan during the inauguration at Terra Solar Main Collector Substation in Gapan, Nueva Ecija.
Developed by Terra Solar Philippines Inc., a joint investment between SP New Energy Corporation and Actis, the MTerra Solar Project will span five municipalities across Nueva Ecija and Bulacan upon completion.
Phase 1 has already energized 1,373 megawatts of solar photovoltaic capacity and 825 megawatts of battery energy storage, making it the world’s largest operational integrated solar and battery facility on a single site.
Phase II of the project began early this year and is targeted for completion by 2027.
Once fully operational, the project will provide electricity to 2.4 million households, create more than 10,000 jobs and reduce carbon emissions by more than 4.3 million metric tons annually.
