Pres. Marcos Jr. leads groundbreaking of MTerra Solar project which is set to generate 10K jobs, position PH as renewable energy leader

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Pres. Marcos Jr. leads groundbreaking of MTerra Solar project which is set to generate 10K jobs, position PH as renewable energy leader    For more news, visit:  ►https://www.ptvnews.ph/   Subscribe to our DailyMotion Channel:  ►http://www.dailymotion.com/peoples-television-incorporated   Subscribe to our YouTube channel:  ►http://www.youtube.com/ptvphilippines   Like our Facebook pages:  ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas   Follow us on Twitter:  ►http://twitter.com/PTVph   Follow us on Instagram:  ►https://www.instagram.com/ptvph   Watch our livestream on:  ►http://ptvnews.ph/livestream/  ►https://www.dailymotion.com/PTVPhilippines   Watch our News Programs, every Mondays to Fridays   Rise and Shine Pilipinas - 6:00 - 8:00 am  Bagong Pilipinas Ngayon - 12:00 - 1:00 pm  Sentro Balita - 1:00 pm - 2:00 pm  Ulat Bayan - 6:00 pm - 7:00 pm  PTV News Tonight -  9:30 pm - 10:30 pm   Saturday & Sunday:  ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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00:00The magnitude of its impact alone is astounding.

00:042 million households energized and powered up and 4.3 million metric tons of environmentally harmful carbon dioxide

00:11taken off the air or the atmosphere.

00:13And that doesn't include the three and quarter billion dollars or 200 billion peso price tag for the project

00:19as we hear more in this report from BTV's Benji Durango.

00:24A 3,500 hectare solar power plant is being built across the provinces of Nueva Ecija and Bulacan.

00:30This project, to be called M-Terra Solar, had its groundbreaking ceremony today attended by President Ferdinand Marcos Jr.

00:37Now that the time capsule has been sealed,

00:45the president shall lower the time capsule.

00:50The 200 million peso project of Miralco PowerGen Corporation and Terra Solar Philippines Incorporated

00:55is now in full swing, aligning with the president's goal of developing renewable energy in the country.

01:11The project will be divided into two phases.

01:13In February 2026, the 2,400 megawatt solar farm will be opened

01:18and an additional 1,000 megawatts in February 2027.

01:22This landmark project will put our country on the map as a leader in renewable energy.

01:28Once completed, it can generate 3,500 megawatts of its 5 million panels.

01:34This is equivalent to powering 2.4 million households or 67% of the NCR.

01:40The Terra Solar project will help stabilize our power supply,

01:44reduce energy costs,

01:46and contribute significantly to our target of 35% renewable energy share

01:52in the power generation mix by the year 2030.

01:57According to EMGEN President and CEO Emmanuel Rubio,

02:00since the power generation costs will decrease,

02:02it is also possible for Miralco to reduce its charges to its customers.

02:07When it is operated, the consumers will feel it.

02:10The full delivery of its capacity is expected to be in February 2027.

02:16But in first place, we will be delivering in March 2026.

02:20It will also provide 10,000 jobs for Filipinos

02:23while reducing the country's carbon emissions by 4.3 million tons annually.

02:28We are working towards a steady and reliable power supply

02:32that will meet the demands of today and continuously fuel our ambitions for tomorrow.

02:39We will build, we will take action, and we will never stop daring.

02:44This project will place the Philippines on the list of countries leading in green energy generation.

02:50From PTV, Benji Durango, Balitang Pambansa.

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