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Brix Lelis - The Philippine Star
September 13, 2025 | 12:00am
MGen, the power generation arm of industry giant Manila Electric Co. (Meralco), has expressed its interest in developing other renewable energy projects with the South Korean firm.
STAR / File
MANILA, Philippines — Pangilinan-led Meralco PowerGen Corp. (MGen) is ramping up its strategic partnership with Korea Electric Power Corp. (KEPCO), signaling a potential expansion beyond solar projects.
MGen, the power generation arm of industry giant Manila Electric Co. (Meralco), has expressed its interest in developing other renewable energy projects with the South Korean firm.
These projects, MGen said, could include wind and energy storage systems as part of efforts to further strengthen its presence in the Philippines.
“Our strengthened partnership with KEPCO underscores MGen’s commitment to advancing clean energy and supporting the country’s sustainability goals,” MGen president and CEO Emmanuel Rubio said.
“By working hand in hand, we aim to not only ensure the continued success of the Calatagan solar farm but also unlock new opportunities for innovation and growth in the Philippine energy sector,” he added.
This comes after MGen and KEPCO recently signed an agreement affirming their collaboration as joint shareholders in the 63.3-megawatt Calatagan Solar in Batangas, one of the largest solar farms in the province.
“This agreement is a testament to the trust and cooperation that KEPCO and MGen have built over the years,” KEPCO Philippines Holdings president and CEO Jeon Yongsu said.
“Together, we are creating a stronger foundation to accelerate renewable energy development in the Philippines and set a benchmark for strategic energy partnerships across Asia,” he said.
The partnership also aims to support the government’s target of accelerating the rollout of renewables in line with the country’s energy transition journey.
Under the Philippine Energy Plan, the government wants to expand the share of renewables in the power mix to 35 percent by 2030 and 50 percent by 2040 from the current 22 percent.
