SunAsia Energy has put together a consortium of solar developers to challenge the original proponent in the supply of 850 megawatts (MW) electricity requirement of the Manila Electric Co. (Meralco)
Meralco earlier invited interested parties to challenge the offer of Terra Solar which proposed a P6.0800 per kilowatt hour headline rate and levelized cost of electricity from its planned 2,500 MW solar farm equipped with a 4,000 MW hour battery energy storage.
SunAsia Energy declined to identify the consortium members.
“For the first time, a community of solar developers and independent power producers broke free from their traditional mindset and decided to pool their resources and share talents to offer the largest utility company a green solution for 2026,” said Tetchi Capellan, Sun Asia Energy’s president, in a statement.
