PetroGreen Energy Corporation (PGEC), the renewable energy arm of PetroEnergy Resources Corporation (PERC), is set to develop a 98-megawatt direct current (MWdc) solar power project and a 20-MW battery energy storage system (BESS) in Capiz, marking a significant step in its growing renewable energy portfolio.
Maria Victoria M. Olivar, Senior Vice President for Operations and Business Development at PERC, confirmed that PGEC already owns the land for the project and is in the process of securing permits from the Department of Energy. Olivar explained that Capiz, part of the Visayas grid, faces challenges with ancillary services, and the BESS will play a crucial role in frequency regulation, stabilizing the grid in the area.
The Capiz project is part of PGEC’s broader expansion plan across Luzon and the Visayas. The company’s 27 MW Dagohoy Solar Power Project in Bohol began exporting power to the grid in November 2024 and is expected to generate around 36 GWh annually, helping to meet local energy demands while cutting carbon emissions by 28,642 tons each year.
In Nueva Ecija, PGEC’s San Jose Solar Project began grid exports in the same month. Originally designed as a 10 MW project, it was upgraded to 19.6 MWp, with a potential to generate 29 million kilowatt hours of electricity annually.
PGEC’s 40 MWdc Limbauan Solar Power Project (LSPP) in Isabela began installation of photovoltaic panels in March and is slated for completion in the third quarter of 2025. Once operational, the LSPP will generate up to 59 GWh annually, powering about 33,000 households and reducing CO₂ emissions by an estimated 31,700 metric tons.
Olivar highlighted PGEC’s commitment to community engagement, noting that over 300 residents, including women, participated in solar panel installation training. PGEC aims to create green jobs alongside generating clean energy.
In addition to its solar projects, PGEC’s 25 MW Bugallon Solar Project in Pangasinan is set to be completed in the third quarter, secured under the Department of Energy’s Green Energy Auction 2 program.
PGEC is also advancing its wind energy efforts, with its subsidiary PetroWind Energy Inc. progressing the Nabas Wind Project in Aklan. The first phase, with a 36 MW capacity, has been operational since 2015, and a second phase, rated at 13.56 MW, is expected to come online later this year.
Further expanding its renewable portfolio, PGEC is planning the Maibarara 3 Geothermal Power Plant in Batangas, which will add 30-40 MW to the grid, scheduled for completion by 2029-2030. The company is in discussions with banks and considering applying for the Department of Energy’s Geothermal Resource De-Risking Facility (GRDF) to finance the project.
PGEC continues its joint venture with Copenhagen Energy under BuhaWind Energy Philippines, which holds offshore wind service contracts for projects in Northern Luzon, Northern Mindoro, and East Panay, totaling 4 GW of capacity. The Northern Luzon project is expected to begin operations by 2030, followed by the Mindoro and East Panay sites in 2031 and 2033, respectively.
