50 MW: Bulacan Solar Project w/ MGEN & PowerSource

Currently in Development, the renewable energy unit of Meralco Powergen Corp. (MGen) and its partners have tapped a contractor to build a 50-megawatt (MW) solar project in Bulacan.

PowerSource First Bulacan Solar Inc. (PFBSI) executed last week an engineering, procurement and construction (EPC) contract with SUMEC Complete Equipment & Engineering Co. Ltd. for its solar power project.

Renesource, Inc. has been contracted to be the Owner’s Engineering contract signed with PFBSI.

The contract covers a 50-MW solar plant in San Miguel, Bulacan. The project, which costs P4.25 billion, will sell energy to Manila Electric Co. (Meralco) under an approved power supply agreement (PSA).

More information regarding this ongoing projects can be found on MSN.com, Business World & MGEN’s website.