00:00In the face of climate change, an important project will be started by the government.
00:05This is the construction of the largest and first solar plant and battery storage facility in the world.
00:12According to President Ferdinand R. Marcos Jr., this is an important thing
00:15so that there will be enough supply in Luzon Grill.
00:18Benji Durango is in the center of the news.
00:233,500 hectares of land, Nueva Ecija and Bulacan,
00:27Nueva Ecija and Bulacan.
00:28It will be called M-Terra Solar.
00:30Today, President Ferdinand R. Marcos Jr. did the groundbreaking.
00:36Now that the time capsule has been sealed,
00:43the President shall lower the time capsule.
00:47In full swing is the 200 million peso project of Meralco Power Gen Corporation
00:52and Terra Solar Philippines Incorporated.
00:54This is in line with the President's desire to create renewable energy in the country.
00:59Today, we take a leap towards the future,
01:01driven by innovation and sustained by our collective hope
01:06for a cleaner and greener Philippines.
01:09The project will be divided into two phases.
01:11In February 2026, the 2,400 megawatt solar farm will be opened
01:15and an additional 1,000 megawatts in February 2027.
01:19This landmark project will put our country on the map
01:23as a leader in renewable energy.
01:26Once completed, it can generate 3,500 megawatts from its 5 billion panels.
01:32Terra Solar project will help stabilize our power supply,
01:36reduce energy costs and contribute significantly
01:40to our target of 35% renewable energy share
01:44in the power generation mix by the year 2030.
01:48According to the President and CEO of EMGEN, Manuel Rubio,
01:51since the power generation cost will be reduced,
01:53it is also possible for Meralco to lower its cost to its customers.
01:56When it is operated, consumers will feel it.
02:00The full delivery of its capacity is expected to be in February 2027.
02:06But in first phase, it will be delivered in March 2026.
02:10It can also provide 10,000 jobs to Filipinos
02:14while reducing 4.3 million tons of carbon emissions per year.
02:19We are working towards a steady and reliable power supply
02:23that will meet the demands of today
02:25and continuously fuel our ambitions for tomorrow.
02:30We will build, we will take action, and we will never stop dairying.
02:34Benji Durango for Pambansang TV in Bagong, Philippines.