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MGEN, ACWA to develop 125-MW solar farm in Iloilo
Business World Philippines
|December 01, 2025
MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.
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"We are looking at a land (parcel) in Concepcion, Iloilo," MGEN President and Chief Executive Officer Emmanuel V. Rubio told reporters last week. "That's our first project with them."
He said the project would rise on a 120-hectare site and would serve as the companies’ initial joint renewable energy development after a strategic agreement signed in mid-2025.
The deal covers collaboration on solar projects in the Philippines and the wider Southeast Asian region.
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Business World Philippines
IM Arca tops Asian U16 blitz tourney
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SEVEN-SEATER CONTENDER
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