The Board of Investments (BOI) has granted green lane certification to a P12.4-billion solar power facility in Pampanga, positioning it as a key driver of economic growth, job creation, and energy sustainability in the region. The approval fast-tracks the project under the government’s strategic investment initiative, expediting regulatory approvals to ensure swift development.
The Inquirer.net, in a report said, the 405.52-hectare solar power plant, developed by Sapang Balen Solar Sustainable Energy Corporation (SBSSEC), is expected to generate 301.580 megawatts of direct current (MW DC) or 246.604 megawatts of alternating current (MW AC) once operational. The project is anticipated to create up to 5,000 direct and indirect jobs throughout its construction, commissioning, and operational phases, making it one of the largest employment-generating solar investments in the country.
The fast-track approval aligns with the country’s commitment to accelerating the transition to clean energy and attracting high-value investments in sustainable power generation. The green lane scheme, launched under Executive Order No. 18 in February 2023, aims to streamline and automate government approval processes for strategic investments such as large-scale renewable energy projects.
To date, the BOI has reported that P4.55 trillion worth of investments have been listed under the green lane initiative, reflecting the government’s commitment to positioning the Philippines as a regional leader in renewable energy.
BOI Executive Director for Investments Assistance Bobby Fondevilla formally issued the green lane certificate of endorsement to SBSSEC, a special purpose vehicle created exclusively to develop this solar power project. The company, backed by Tigon Power Corporation, was established in 2021 to spearhead various renewable energy ventures.
Tigon Power, the parent company of SBSSEC, has been steadily expanding its presence in the Philippine renewable energy sector. The company currently has a total project capacity of nearly 1 gigawatt peak (GWp), underscoring its commitment to scaling up sustainable power generation across the country.
As the Pampanga solar farm moves forward under the green lane initiative, the project is expected to enhance the national energy grid’s stability, reduce dependence on fossil fuels, and contribute to the government’s goal of increasing renewable energy’s share in the energy mix.
With the BOI’s green lane endorsement, the Pampanga solar project is set to proceed with expedited government approvals, enabling a faster construction timeline. The next phases include finalizing environmental compliance, securing remaining permits, and commencing site development.
Once operational, the 301 MW solar facility will provide clean energy to thousands of households and businesses, reinforcing the country’s push toward energy security and carbon reduction. The project not only strengthens Pampanga’s position as a renewable energy hub but also contributes to nationwide efforts to reduce greenhouse gas emissions and mitigate climate change.
As the Philippines continues its rapid transition toward renewable energy, the Tigon Power Pampanga Solar Farm stands as a major milestone in the country’s green energy expansion, setting the stage for more large-scale solar investments in the years to come.Let us know your thoughts in the comments, and follow Power Philippines for more updates on the latest energy developments!
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