The Board of Investments (BOI) has granted a Green Lane Certificate of Endorsement to TIGON Power Corporation’s ₱12.4-billion solar power project in Pampanga, fast-tracking its implementation. The renewable energy initiative spans Mabalacat City and Magalang, covering 405.52 hectares with a planned capacity of 301.580 MWDC/246.604 MWAC.
BOI Investments Assistance Center Executive Director Atty. Bobby Fondevilla awarded the certification to Sapang Balen Solar Sustainable Energy Corporation (SBSSEC) officials, led by President and CEO Mayleen Ting, during a ceremony on January 22. The certification ensures a streamlined permit and licensing process, expediting the project’s development.
The solar facility is expected to generate up to 5,000 direct and indirect jobs during its construction, commissioning, and operation phases. SBSSEC, a special purpose vehicle under the Securities and Exchange Commission, was created to oversee the project’s implementation.
TIGON Power Corporation, established in 2021, focuses on renewable energy investments and currently has a total project capacity nearing 1GWp. The Pampanga solar project aligns with the company’s commitment to sustainable power generation and the country’s broader shift toward clean energy.
The Green Lanes initiative, created under Executive Order No. 18 in 2023, aims to accelerate strategic investments by cutting bureaucratic red tape. As of January 17, 2025, BOI-OSACSI has endorsed 179 strategic investments worth ₱4.55 trillion across renewable energy, food security, digital infrastructure, and manufacturing.
BOI assured that the One-Stop Action Center for Strategic Investments (OSACSI) will monitor agencies’ actions on the project’s permits and licenses, ensuring compliance and timely execution. The initiative is expected to drive economic growth while reinforcing the country’s renewable energy capacity.