Manila Electric Co. subsidiary Meralco Industrial Engineering Services Corp. (MIESCOR) has been tapped to design and construct the critical infrastructure that will connect the Terra Solar project to the Luzon grid.
Parent firm Meralco on Thursday said MIESCOR’s participation in the project touted as the world’ biggest solar power project include the 34.5/230/500-kilovolt (kV) main collector substation, two 34.5/230-kV solar photovoltaic satellite collector substations and two double-circuit 230-kV transmission lines.
“MIESCOR plays a crucial role in connecting the Terra Solar plant to the grid and we are excited to be part of this groundbreaking step in renewable energy. The project, formalized through our contract signing with Terra Solar Philippines Inc., is already underway,” said Richard Ochava, MIESCOR president and chief executive officer.
MIESCOR and Terra Solar sealed the contract on 4 September this year.
Terra Solar’s solar farms in Nueva Ecija and Bulacan cost P200 billion. The facilities have a capacity of 3,500 megawatts and 4,500 megaWatthours of battery energy storage.
Terra Solar anticipates completing the initial phase by 2026 and the second phase by 2027.
MIESCOR is the engineering, procurement, construction and operations arm of Meralco.
The Terra Solar project is pursued by SP New Energy Corp. (SPNEC) in tandem with United Kingdom-based private equity firm Actis.
SPNEC is part of the MVP Group, through MGen Renewable Energy Inc., a wholly-owned subsidiary of Meralco’s power generation arm, Meralco PowerGen Corp.
