MORE Electric and Power Corporation (MORE Power) has signed a new power supply agreement (PSA) that will add 6.6 megawatts (MW) of clean energy to its renewable portfolio standard (RPS) requirement.
The agreement was signed by MORE Power president and chief executive Roel Castro and Alfonso Javier Reyes, president of Urban Energy Development Corp. (UEDC), a Mabuhay Power Holdings Corp. subsidiary.
UEDC was declared the winning bidder during a competitive selection process conducted by MORE Power on April 4, 2025.
Under the deal, UEDC will supply 6.6 MW from its upcoming 8 MW-peak solar power plant in Anilao, Iloilo. This greenfield project is scheduled for completion and delivery within one year.
“This partnership is part of our continuing mission to lead Iloilo towards a more sustainable energy future,” Castro said.
“We are steadily increasing the share of renewables in our power mix. With this new project, we take another significant step in hitting our long-term clean energy targets, ensuring our customers benefit from affordable, reliable and greener power.”
Reyes emphasized the strategic importance of the partnership for both companies and the community.
“We are proud to support MORE Power’s renewable energy goals with our first solar facility in Iloilo,” Reyes said.
“This project contributes to the country’s clean energy aspirations and provides new investment and development opportunities in the region. We are committed to delivering on schedule and at the highest quality standards.”
MORE Power’s renewable energy footprint is approximately 33 percent and continues to grow with this new supply.
The move aligns with the Department of Energy’s push for utilities and distribution companies to meet their RPS obligations, which require a growing share of renewable energy in their supply portfolios each year.
“This is not just compliance,” Castro said. “This is commitment. We are driving the transition to a cleaner energy future — not just for Iloilo City, but as a model for utilities across the country.”
The Anilao solar project is expected to break ground later this year and supply MORE Power with clean energy by mid-2026.