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SPNEC seeks ERC OK for MTerra Solar integration
The Philippine Star
|December 12, 2024
SP New Energy Corp. (SPNEC), chaired by tycoon Manuel V. Pangilinan, is seeking regulatory approval to build a transmission system that will connect the $4-billion MTerra Solar project into the national grid.
SPNEC, through Terra Solar Philippines Inc. (TSPI), has filed an application to the Energy Regulatory Commission (ERC) to develop and operate dedicated point-to-point limited transmission facilities.
The connection will be done through bus-in arrangements along the Nagsaag-San Jose 500 kilo Volt (kV) transmission line of the National Grid Corp. of the Philippines (NGCP).
Following a thorough review of all available options, TSPI has determined that this arrangement is the "most cost-effective and technically viable option" for the immediate interconnection of the solar facility.
"Connecting (MTerra Solar) to the Luzon grid via bus-in connection along the Nagsaag-San Jose 500 kV transmission line is an essential requisite to the plant's commercial operations scheduled in the first quarter of 2026," it said.
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