BCDA, StB GigaFactory spearhead sustainable energy initiatives in New Clark City other BCDA properties

• Photo caption: The Bases Conversion and Development Authority (BCDA), led by President and CEO Joshua M. Bingcang, signed an agreement with StB GigaFactory, Inc. for the exploration and development of renewable energy in New Clark City and other BCDA properties. The signing was attended by StB GigaFactory, Inc. Chief Executive Of icer Dennis C. Ibarra, Business Development Manager Ruth G. Butalid, and BCDA Vice President for Investment Promotions and Marketing Erwin Kenneth R. Peralta. BCDA photo.

The Bases Conversion and Development Authority (BCDA) and StB GigaFactory, Inc. have signed a Memorandum of Understanding (MOU) to explore and advance renewable energy generation, energy storage systems, and e-mobility solutions across New Clark City and other BCDA-managed developments.

The strategic partnership aims to establish a modern, resilient, and clean energy ecosystem designed to power future-ready industries through cleaner energy integration, grid reliability, and sustainable mobility infrastructure.

Under the 12-month agreement, BCDA will grant site access, supply key project data, and provide administrative assistance. In turn, StB GigaFactory will conduct comprehensive site surveys, technical feasibility studies, and financial modeling to formulate actionable
recommendations for clean energy deployment.

“Partnering with StB GigaFactory aligns directly with our vision to make New Clark City a model of sustainable, high-tech urban development,” said BCDA President and CEO Joshua Bingcang. “By integrating cutting-edge energy storage and clean mobility solutions into our master plan, we are building a resilient infrastructure framework that empowers industries, protects the environment, and drives long-term economic growth.”

The collaboration leverages New Clark City’s growing prominence as a hub for advanced technology and clean energy. Located at the Filinvest Innovation Park in New Clark City, StB GigaFactory is the Philippines’ first manufacturing plant for Lithium Iron Phosphate (LFP) battery cells and Battery Energy Storage Systems (BESS).

By combining BCDA’s industrial land development platforms with StB GigaFactory’s localized energy storage technology, the partnership demonstrates how utility-scale renewables, energy storage, and electric mobility can be seamlessly scaled.

The StB GigaFactory, Inc. has already created jobs for 500 Filipinos , with plans to grow its workforce to 2,500 by 2030.

This initiative directly supports the administration of President Ferdinand R. Marcos, Jr., which prioritizes strengthening national energy security, accelerating the transition toward renewable power, enhancing climate resilience, and building sustainable infrastructure for
future generations.

The signing was attended by StB GigaFactory, Inc. Chief Executive Officer Dennis C. Ibarra, StB GigaFactory, Inc. Business Development Manager Ruth G. Butalid, and BCDA Vice President for Investment Promotions and Marketing Department Erwin Kenneth R. Peralta.