The Filinvest Group inaugurated its first large-scale solar power project, a 20.774-megawatt peak (MWp) facility located in the PHIVIDEC Industrial Estate, Tagoloan, Misamis Oriental.
Developed by FDC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm – FDC Utilities, Inc. (FDCUI), the project is a ground‑mounted solar facility estimated to generate about 30.2 million kilowatt-hours of net clean energy annually. The initiative supports the expected 5.5 percent annual peak-demand growth projected by the Department of Energy (DOE) through 2030.
Energy industry leaders graced the inauguration ceremony led by DOE Secretary Atty. Sharon S. Garin, along with Energy Regulatory Commission Chairperson Atty. Francis Saturnino Juan and National Electrification Administration Administrator Antonio Mariano C. Almeda.
In congratulating FDC Green for its accomplishment, Secretary Garin noted how trailblazing the project is being the first ever utility scale solar power plant in the country paired to a thermal baseload plant. “Today, we didn’t just flip a switch. We turned on something bigger,” said the Secretary. “This Project is 1 of 22 renewable energy projects na talagangbinabantayan ng DOE, pushing that they finish this month. Isa po kayo sa nagdeliver,” added the Secretary. Pointing out to the Misamis Solar Project, Sec. Garin, claimed: “Solar energy is not a promise. It is already here, already working, already delivering.”
Backed by a 25-year solar energy operating contract awarded by the DOE, Filinvest allotted over one billion pesos in capital investment.
“We are thrilled to officially bring our first utility-scale solar project online to support the country’s aggressive green energy targets. Our facility utilizes advanced bifacial solar panels to capture sunlight on both the front and back surfaces, resulting in a higher energy yield, generating 30% more energy than conventional panels, said FDC Green President and CEO Juan Eugenio L. Roxas.
This increased energy production helps maintain supply during daylight hours, supporting grid reliability and boosting the long-term value of the clean power delivered to customers.
At full operation, the solar facility is projected to reduce carbon emissions by approximately 21,000 metric tons of CO₂ per year, roughly equivalent to taking around 4,500 passenger cars off the road annually, based on typical vehicle emissions.
The project is strategically located within the PHIVIDEC Industrial Estate, one of the Philippines’ major economic zones. It benefits from optimal solar energy conditions given its flat terrain and proximity to substations. Beyond its technical advantages, PHIVIDEC offers a unique opportunity to establish an RE hub in Mindanao, further attracting potential businesses that recognize the need for clean energy.
“Beyond the technical innovations, this facility is built to create shared value. By maximizing clean energy production, we support the region’s growing peak demand and reinforce grid stability. Establishing a renewable energy anchor right here in Misamis Oriental allows us to build a more competitive landscape for local businesses and empower communities,” emphasized Roxas.
The FDC Green Misamis Solar Power Project is a crucial component of the Filinvest Group’s long-term energy plans. This paves the way for future initiatives that reflect the company’s commitment to empowering Filipinos to realize their dreams and drive community development.
