Energy Regulatory Commission (ERC) Chairperson and CEO Atty. Francis Saturnino Juan joined leaders from the energy and business sectors in the inauguration of Filinvest Development Corporation’s first utility-scale solar power facility in Mindanao, marking another significant step toward advancing the country’s renewable energy development and strengthening long-term energy security.
The newly operational 20.774-megawatt peak (MWp) solar facility, situated within the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental, is considered Filinvest’s first large-scale solar investment in Mindanao and forms part of its broader renewable energy expansion program.
The facility is expected to contribute additional clean energy to the grid in support of the government’s renewable energy targets, and is projected to deliver around 30.2 million kilowatt-hours of net clean electricity each year.
Juan highlighted that continued investments in utility-scale renewable energy projects play a key role in strengthening the country’s power system by improving reliability, resilience, and sustainability amid rising demand and global energy market uncertainties.
“These investments also contribute to enhancing supply sufficiency and support economic growth, especially in fast-developing areas such as Mindanao.”
“The continued development of renewable energy projects strengthens the country’s energy security while providing cleaner and more sustainable electricity for Filipino consumers. These investments also contribute to enhancing supply sufficiency and support economic growth, especially in fast-developing areas such as Mindanao,” he stressed.
The Commission also emphasized that expanding renewable energy infrastructure helps reduce consumers’ exposure to long-term fluctuations in international fuel prices while promoting a more diversified and balanced energy mix.
“Expanding renewable energy infrastructure helps reduce consumers’ exposure to long-term fluctuations in international fuel prices while promoting a more diversified and balanced energy mix.”
The ERC further expressed its continued support for a transparent and stable regulatory environment that encourages responsible investments, fosters innovation in the energy sector, and protects consumer welfare as the country advances toward a more sustainable energy future.
