HomeRenewable energy ›UEDC Secures PSA to Supply 6.6 MW of Solar Energy to MORE Power

UEDC Secures PSA to Supply 6.6 MW of Solar Energy to MORE Power

Urban Energy Development Corporation (UEDC), a subsidiary of MabuhayPower Holdings Corp., has secured a Power Supply Agreement (PSA) to deliver 6.6 megawatts (MW) of solar energy to the province’s utility, MORE Electric and Power Corporation (MORE Power).

July 07, 2025. By News Bureau

Urban Energy Development Corporation (UEDC), a subsidiary of MabuhayPower Holdings Corp., has secured a Power Supply Agreement (PSA) to deliver 6.6 megawatts (MW) of solar energy to the province’s utility, MORE Electric and Power Corporation (MORE Power).

The agreement, a result of a Competitive Selection Process (CSP) marks a strategic alignment between private energy developers and public utilities to meet the Department of Energy’s Renewable Portfolio Standards (RPS).

UEDC’s upcoming 8 MW-peak solar plant in Anilao is slated to begin operations by mid-2026, bolstering the local grid with affordable and reliable green energy.

UEDC President, Alfonso Javier D. Reyes, said, “This solar facility represents more than just a supply deal—it’s a catalyst for sustainable regional development. By investing in Iloilo, we’re creating long-term value for the province—not only through clean energy, but through job creation, infrastructure improvement, and local economic stimulus.”

The initiative contributes to MORE Power’s goal of making Iloilo a national benchmark for renewable energy integration. With this latest project, the utility now sources 33 percent of its power from renewable sources—an achievement that places it ahead of many peers in the Philippine energy sector.

MORE Power President and CEO Roel Z. Castro emphasized the broader implications, “Our commitment goes beyond regulatory compliance. This is about leadership. We envision Iloilo as a showcase for how cities can evolve into green energy hubs—resilient, economically vibrant, and environmentally responsible.”

The Anilao solar project is set to break ground later this year.

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