SP New Energy Corp. (SPNEC) said around five foreign investors are keen on investing in Terra Solar Philippines, Inc., which is building a P200-billion solar project. “About five have expressed interest,”  SPNEC President and Chief Executive Officer Manuel V. Pangilinan told reporters on Tuesday. “They’re now talking to several foreign investors. Nothing definite yet,” he added. […]

In line with the Philippine government’s thrust for a more diversified and  balanced energy mix to address the nation's energy security concerns, the  Board of Investments (BOI) has given MGen Renewable Energy, Inc. (MGreen),  the renewable energy arm of Meralco PowerGen Corporation (MGen), a Green  Lane Certificate of endorsement for its Terra Solar Project last August 5, 2024.