Yuchengco-led Bugallon Green Energy Corporation (BGEC) recently secured two (2) important milestones for its 25MWdc Bugallon Solar Power Project (BSPP) in Bugallon, Pangasinan - the Certificate of Energy Project of National Significance (CEPNS) issued by the Department of Energy (DOE) and the signing of Connection Agreement and Distribution Wheeling Service Agreement with Central Pangasinan Electric Cooperative (CENPELCO). BGEC is one of four (4) RE special purpose vehicles under Rizal Green Energy Corporation (RGEC). The latter, in turn, is a joint venture between Taisei Corporation, one (1) of Japan’s biggest infrastructure construction companies and PetroGreen Energy Corporation, a member of the Yuchengco Group of Companies (YGC).
On November 13, 2024, the DOE awarded the CEPNS to BSPP signifying the project’s vital role in the country’s energy security and economic development initiatives. The CEPNS also serves as DOE’s endorsement to other government agencies to ensure a faster and more efficient permitting process for energy projects. In addition, on November 15, 2024, BGEC entered into a partnership with CENPELCO with the signing of the connection, distribution, and wheeling services agreements. These agreements will ensure the seamless integration of BSPP into the national grid through CENPELCO’s distribution system. CENPELCO President Mr. Marlon S. Magalong expressed their enthusiasm for the solar project and their support to BGEC. “We are pleased to partner with BGEC for the connection and transmission of their solar facility. This is aligned with our mandate to deliver prompt, efficient, and reliable power service to consumers and our commitment to help Pangasinan become more attractive for investors and businesses through more reliable and affordable power supply,” says Mr. Magalong. The BSPP, located in Brgy. Salomague Sur, Bugallon, Pangasinan, will use 35,000 solar PV modules supplied by Trina Solar. The facility will generate 39,000 MWh of clean energy annually enough to power more than 17,000 homes and reduce ~28,000 metric tons of CO2 emissions annually. “We are thrilled to reach these two (2) significant milestones for our Bugallon solar project. These bring us several steps closer to ensuring that we are able to deliver our committed power under the Green Energy Auction 2 program. Moving forward, we will work diligently with the LGU, DOE, CENPELCO, and other regulatory agencies for the successful development and completion of this project which we expect will increase grid stability, provide green jobs, and support economic growth and social development in our partner communities and local government units,” declares BGEC’s Vice President for Commercial Operations, Maria Victoria M. Olivar.
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