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Manila Bulletin devider Business devider Trade & Industry devider Raslag to triple spending to ₱3 billion for Nueva Ecija solar

Raslag to triple spending to ₱3 billion for Nueva Ecija solar

Published Jan 21, 2026 02:53 pm
Robert Gerard Nepomuceno
Robert Gerard Nepomuceno
Raslag Corp. is positioning 2026 as a year for capital deployment as the solar developer ramps up spending to support its expansion into Nueva Ecija, aiming to hit a long-term capacity target of 1,000 megawatts by 2035.
The Pampanga-based renewable energy firm is currently developing a solar project in Liwayway, Nueva Ecija, which is slated to begin commercial operations next year.
Robert Gerard Nepomuceno, Raslag president and chief executive officer, said in an interview on the sidelines of the Energyear Philippines 2026 conference that the facility is expected to generate at least 140 megawatts of direct current.
The project is valued at approximately ₱7 billion.
This aggressive expansion will necessitate a substantial increase in the company’s financial commitments, with Karl Geo Origeneza, Raslag’s Chief Financial Officer, stating that capital expenditure is expected to rise to between ₱2 billion and ₱3 billion this year.
This represents a steep increase from the ₱500 million spent last year, which Origeneza noted was primarily limited to land acquisitions.
The bulk of the new allocations will be directed toward the importation of photovoltaic systems and conversion equipment for the Liwayway site.
The Liwayway project marks a technical milestone for the company as it will be equipped with a battery energy storage system.
Greencity Energy Philippines Inc. has been appointed as the engineering partner for the development. Origeneza said management expects to begin testing and commissioning by the fourth quarter of 2027, provided the current construction timeline remains on track.
While Raslag’s current operational assets are concentrated in Pampanga, the company is actively scouting for growth opportunities across the archipelago to diversify its portfolio. With an existing installed capacity of 77.84 megawatts, the firm has a significant gap to close to reach its 2035 goal.
Nepomuceno said the company is moving beyond its traditional stronghold, with two additional project locations already identified in Bataan and Tarlac.
Furthermore, the company is evaluating potential sites outside of the main island of Luzon to capture broader regional demand.
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