The Bases Conversion and Development Authority (BCDA) and Australian firm StB GigaFactory Inc. are studying potential renewable energy, energy storage and electric mobility projects in New Clark City and other BCDA-managed properties.
Under a 12-month memorandum of understanding, BCDA will provide StB with site access, project data and administrative support. At the same time, the battery manufacturer will conduct site surveys, technical feasibility studies and financial modeling for potential projects.
The studies are intended to determine which clean-energy and e-mobility applications could be deployed across BCDA properties and the investment required to implement them.
BCDA President and CEO Joshua Bingcang said the partnership would feed into the agency’s planning for New Clark City, adding that it ‘aligns directly with our vision to make New Clark City a model of sustainable, high-tech urban development.’
StB operates a manufacturing facility at Filinvest Innovation Park in New Clark City, Tarlac, which produces lithium iron phosphate (LFP) battery cells and battery energy storage systems (BESS). The company has employed about 500 Filipinos and has said it plans to increase its workforce to 2,500 by 2030.
Its potential involvement in electric mobility also predates the latest agreement. In November 2024, StB said it was targeting the deployment of about 2,000 electric tricycles by the end of 2025 and was then assembling around 250 units. The company’s battery manufacturing facility was inaugurated by President Ferdinand Marcos Jr. in September 2024.
The latest agreement expands the scope of potential cooperation beyond battery manufacturing, with the two sides now looking at how renewable power, energy storage and electric mobility could be applied within BCDA-managed developments.
No specific project, investment amount or deployment schedule has yet been announced, as the parties will first undertake the technical and financial assessments under the agreement.