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Basic Energy Corp. (BEC) is preparing to kick off the permitting phase for a solar energy project in Bolinao, Pangasinan, after gaining a crucial green light from the national government. The Department of Energy (DoE) issued the firm a certificate of authority (CoA), marking a key step toward formalizing its Solar Energy Operating Contract (SEOC) for the proposed facility.
With the CoA in its possession, BEC now has the go-ahead to pursue the range of permits and land-use agreements needed to bring the solar installation to life. The project, aimed at expanding the company’s renewable footprint in northern Luzon, reflects a broader push by the energy sector to accelerate clean energy development across the country.
Additionally, the CoA lays the foundation for the project’s 25-year operational run. Beyond greenlighting preparations for the long-term operating deal, the certificate also gives BEC the added advantage of securing these legal and regulatory requirements even ahead of the contract’s formal execution—and beyond its 25-year lifespan if needed.
BEC is now moving to the next phase: obtaining clearances from key government agencies and local authorities. A critical part of this process is a system impact study, which will assess whether the national grid can handle the added load from the planned solar facility. The study will be submitted to the National Grid Corporation of the Philippines (NGCP) for evaluation.
(Also read: Ilocos Energy Update: Renewables Push and Rural Electrification)
Project details
The firm’s solar venture in Bolinao, Pangasinan is beginning to take shape, with early estimates projecting a 37-hectare installation capable of producing at least 47 megawatts peak (MWp) of clean energy.
Slated for completion and commissioning by early 2027, the development is positioned to support the Philippines’ broader push for energy independence and sustainability. Once operational, the facility is expected to ease pressure on the grid while reducing reliance on fossil fuels—marking a key milestone in BEC’s green portfolio.
(Also read: Marcos Unveils PH’s First Mega Solar Irrigation System)
About Basic Energy
BEC, a publicly traded firm in the Philippines, has evolved over the past five decades into a diversified holding company with a strong focus on renewable energy, alternative fuels, and resource exploration. Originally known as Basic Petroleum Corporation, the company rebranded in 2007 to reflect its strategic pivot toward sustainable energy development.
Today, BEC plays a growing role in the country’s energy landscape, leveraging technical expertise and a broad portfolio of ventures to support the transition to cleaner power. Through its network of wholly owned subsidiaries, the company is actively involved in advancing wind and solar projects across key growth areas in the Philippines, reinforcing its ambition to become a leading force in the renewable energy sector.
The company has set its sights on bringing 1,000 MW of clean power online by the end of the decade, with an even split between wind and solar projects. The company is targeting 500 MW from each renewable source as part of its long-term push toward a more sustainable energy future.
Sources:
https://www.bworldonline.com/corporate/2025/06/06/677594/basic-energy-advances-bolinao-solar-power-plants/
https://manilastandard.net/business/314599391/doe-approves-basic-energys-proposed-47mwp-bolinao-solar-plant.html