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Yuchengco’s Nueva Ecija Solar Plant Sets Commercial Operations

7/31/2025

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BDO Unibank, Inc. successfully raised P115 billion for its fourth Peso-denominated ASEAN Sustainability Bond issue, twenty three times oversubscribed against the original offer P5 billion.
The SJSPP uses 24,675 units of 670Wp and 4,564 units of 675Wp PV panels supplied by Trina Solar and 51 units of 300kVA Huawei string inverters.
​The 19.6 MWDC San Jose Solar Power Plant (SJSPP) will start commercial operations on August 1, 2025, following the release last July 23, 2025 of the facility’s Provisional Authority to Operate (PAO) approved by the Energy Regulatory Commission (ERC) on July 15, 2025 and the Independent Electricity Market Operator of the Philippines’ (IEMOP) approval on July 28, 2025, of the facility’s Wholesale Electricity Spot Market (WESM) participation as a commercial generator.
Maria Victoria M. Olivar, Vice President for Commercial Operations and Business Development of PetroGreen Energy Corporation (PGEC), declared, “The SJSPP marks our second utility-scale solar power facility to reach commercial operations this year, following the commercial launch of the 27.1 MWDC Dagohoy Solar Power Plant (DSPP) in Bohol on July 16, 2025. It is also PGEC’s third renewable energy facility to go commercial in 2025 beginning with our 3.002 MWp solar rooftop installation at Isuzu Autoparts manufacturing plant in Laguna Technopark, which went live on July 7, 2025. Our August 1, 2025, commercial operations date will also mark the commencement of SJSPP’s power supply agreement with S.N. Aboitiz Power.”
​
Both the DSPP and SJSPP form part of a four-plant solar portfolio developed under Rizal Green Energy Corporation (RGEC), a joint venture between Yuchengco-led PGEC and Japan’s Taisei Corporation. Also slated for physical completion in 2025 are two (2) other RGEC projects – the 40 MWDC Limbauan Solar Power Plant in Isabela and the 25 MWDC Bugallon Solar Power Plant in Pangasinan.

Distinguishing SJSPP from other solar power development is its agrivoltaics component, a dual land-use strategy that combines solar energy generation with agricultural production. This innovative feature enables crop cultivation beneath and around the solar panels, promoting food and energy security, while optimizing land use and reinforcing PGEC’s commitment to inclusive and sustainable development.
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