Meralco is aggressively pursuing sustainable investments in its shift to renewable energy. On 12 May, the company’s first P4.25-billion solar power plant began commercial operations in San Miguel, Bulacan, a province north of Manila. BulacanSol is a 50-megawatt power plant providing clean and renewable power to the Luzon grid.
Meralco Chairman Manuel V Pangilinan commented, “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.”