ECOSOLAR ENERGY CORP. is set to start construction of its biggest solar farm in Capiz in central Philippines after securing environmental clearance from the Department of Environment and Natural Resources (DENR).
In a statement on Tuesday, EcoSolar said it obtained an environmental compliance certificate (ECC) from the DENR’s Environmental Management Bureau Region 6 for the 98.2-megawatt-direct current Panitan Solar Power project.
The project is targeted for completion by the end of 2028.
An ECC certifies that a project has complied with environmental requirements under the country’s environmental impact assessment system.
Once remaining pre-development activities are completed, the National Grid Corp. of the Philippines will proceed with upgrades to the 138-kilovolt Panitan substation, where the solar facility will connect.
“As important, this investment by the Yuchengco Group of Companies will add much needed power to the Visayas grid which has been plagued by constant red and yellow alerts recently,” said Yrel V. Ventura, PetroGreen Energy Corp. assistant vice-president for environment and community relations.
EcoSolar is a unit of PetroGreen Energy, a joint venture between PetroEnergy Resources Corp. and Japan’s Kyuden International Corp.
The company also secured an ECC in November 2025 for a standalone 20-megawatt battery energy storage system in Panitan, Capiz. The storage facility is scheduled for completion by the fourth quarter of 2026.
PetroGreen operates four utility-scale solar projects in Tarlac, Bohol and Nueva Ecija, while four more projects are in development.
Shares of PetroEnergy Resources rose 3.87% to P3.76 each on the Philippine Stock Exchange. — Sheldeen Joy Talavera


