In a move poised to accelerate Iloilo’s clean energy transition and stimulate regional investment, 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 leading utility, MORE Electric and Power Corporation (MORE Power).
The agreement, a result of a Competitive Selection Process (CSP) held on April 4, 2025, 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.
“This solar facility represents more than just a supply deal—it’s a catalyst for sustainable regional development,” said UEDC President Alfonso Javier D. Reyes. “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% 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 expected to break ground later this year, signaling a wave of green investment into Iloilo’s energy landscape and reinforcing the city’s emerging role in the Philippines’ low-carbon future.
