Advertisementspot_img
Monday, August 4, 2025

Delivering Stories of Progress

Advertisementspot_img

Meralco forges strategic partnership with First Quezon Biogas to secure clean energy supply in PH

Latest article

Advertisement - PS02barkero developers premium website

THEPHILBIZNEWS Partner Hotels

Hotel Okura Manila
Hotel 101
The Manor at Camp John Hay
Novotel Manila
Taal Vista Hotel
Advertisement - PS02barkero developers premium website

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has entered into a strategic long-term partnership with First Quezon Biogas Corporation (FQBC) through a 20-year Power Supply Agreement (PSA) for 1.25 megawatts (MW) of renewable energy (RE) from FQBC’s 1.4 MW biogas power plant in Candelaria, Quezon.

This collaboration goes beyond a simple supply contract. By leveraging FQBC’s advanced anaerobic digestion technology—which converts locally sourced agricultural waste into clean power—the partnership delivers not only a reliable baseload RE supply to Meralco but also direct environmental and economic benefits to the local community.

“This PSA is a key step in Meralco’s strategy to expand its renewable energy portfolio while supporting local innovation in biogas technology,” said Meralco Senior Vice President and Head of Regulatory Management Jose Ronald V. Valles. “We hope this partnership inspires further investments in biogas that will uplift local communities and accelerate the country’s clean energy transition. Per procedure, the PSA will now be submitted to the Energy Regulatory Commission for review and approval.”

The partnership supports Meralco’s compliance with the Department of Energy’s Renewable Portfolio Standards (RPS) and aligns with the government’s goal to increase the share of RE in the national energy mix to 35% by 2030 and 50% by 2040.

To date, Meralco has secured a total of 1,535 MW of renewable capacity from various suppliers, exceeding its initial 1,500 MW target. With strategic collaborations like its agreement with FQBC, Meralco is on track to ensure that RE will account for 26% of its supply portfolio by 2030 while driving meaningful climate action and sustainable growth.

Advertisement - PS04spot_img

More articles

Advertisement - PS05spot_img
Advertisement - PS01spot_img

Must read

Advertisement - PS03spot_img