BOI endorses P1.9-billion solar power project in Pangasinan

The Board of Investments (BOI) has issued a green lane certificate for a PHP 1.9 billion solar power plant project in Pangasinan, marking a significant step forward for renewable energy in the Philippines. The 49.9-megawatt Mabini Solar Power Plant, developed by Spotlight Power, Inc. (SPI), is slated to begin operations in the second quarter of 2026.

Located in Barangay San Pedro, Mabini town, the ground-mounted solar farm is expected to create around 150 jobs from its pre-development phase through to the start of commercial operations. SPI, a Philippine-based renewable energy developer, specializes in solar photovoltaic (PV) modules and other sustainable energy assets. The company is backed by Trina Solar Investment Pte. Ltd., the investment arm of Trina Solar Co. Ltd., a global leader in solar technology.

The BOI’s green lane initiative, mandated by Executive Order 18 issued in February 2023, aims to expedite the permitting and licensing process for strategic energy projects through the One-Stop Action Center for Strategic Investments (OSAC-SI). The OSAC-SI team will work closely with local officials in Pangasinan to streamline the project's development.

Representatives from SPI and Trina Solar Co., Ltd. praised the green lane as a "game changer" for renewable energy, emphasizing its role in increasing transparency and accountability across government agencies. They also highlighted the initiative's impact on improving efficiency and boosting investor confidence in the timely delivery of projects.

"We would like to thank the entire BOI-OSAC-SI team for this initiative and commend them for the fantastic support they consistently demonstrate in every project we undertake," the companies stated.