By Lenie Lectura - March 7, 2019
MERALCO PowerGen Corp. (MGen), the
power generation arm of the Manila Electric Co. (Meralco), plans to put up
utility-scale renewable-energy (RE) projects in areas not covered by the
distribution utility firm’s franchise.
“MGen is also looking at
codeveloping large-scale hybrid solar + storage projects outside Meralco
franchise area,” MGen said in a report. “Discussions are ongoing with a number
of existing project developers for potential partnerships.”
When sought for more details, MGen
President Rogelio Singson said the company is looking at building a portfolio
anywhere between 150 megawatt and 200 MW of capacity.
“We cannot disclose at this time
because of a nondisclosure agreement, but most sites we are assessing are in
Luzon,” he said in a text message.
This forms part of MGen’s plan to
scale up its RE portfolio to as many as 1,000 MW—mostly solar power—in the next
three years.
Utility-scale RE projects are typically
defined as those 10 MW or larger. However, under the Philippine Grid Code,
“large” depends on the grid. In Luzon 20 MW is considered large, while in the
Visayas and Mindanao, the threshold is 5 MW.
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