YUCHENGCO-LED Rizal Green Energy Corp. said the initial capacity from its solar farm in San Pablo, Isabela has started injecting electricity to the Luzon grid afterYUCHENGCO-LED Rizal Green Energy Corp. said the initial capacity from its solar farm in San Pablo, Isabela has started injecting electricity to the Luzon grid after

Yuchengco firm’s Isabela solar farm starts exporting power to Luzon grid

YUCHENGCO-LED Rizal Green Energy Corp. said the initial capacity from its solar farm in San Pablo, Isabela has started injecting electricity to the Luzon grid after securing approval from the National Grid Corp. of the Philippines (NGCP).

In a statement on Thursday, the company said that NGCP issued the provisional certificate of approval to connect the solar project’s Phase 2 with a capacity of 33.831 megawatt-direct current (MWdc).

The plant completed its energization as a load facility in November.

The company is expecting to energize remaining 6.006 MWdc “in the coming weeks,” along with its 25-MWdc Bugallon solar facility in Pangasinan.

Rizal Green is a joint venture between Japan’s Taisei Corp. and PetroGreen Energy Corp., which is part of the Yuchengco Group of Companies.

“Once energized, [PetroGreen] would have 263 MW of utility-scale operational renewable energy facilities,” said PetroGreen Vice-President Maria Victoria Olivar said.

The Limbauan solar plant is the this facility of PetroGreen to add power supply to the grid after the 27MWdc Dagohoy solar farm in Bohol and the 19.6MWdc San Jose solar farm in Nueva Ecija.

PetroGreen is the renewable energy arm of PetroEnergy, which is aiming to increase its generation capacity to 500 MW by 2029 from its current 145 MW. — Sheldeen Joy Talavera

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

SICAK GELİŞME: Binance, Üç Altcoini Vadeli İşlemlerde Listeliyor!

Kripto para borsası Binance, ZKP, GUA ve IR tokenlerini vadeli işlemler platformunda listeleyeceğini açıkladı. *Yatırım tavsiyesi değildir. Kaynak: Bitcoinsistemi
Share
Coinstats2025/12/21 16:41
USDC Treasury mints 250 million new USDC on Solana

USDC Treasury mints 250 million new USDC on Solana

PANews reported on September 17 that according to Whale Alert , at 23:48 Beijing time, USDC Treasury minted 250 million new USDC (approximately US$250 million) on the Solana blockchain .
Share
PANews2025/09/17 23:51