The BCDA Group, led by President and CEO Joshua M. Bingcang, and StB GigaFactory Inc., led by CEO Dennis C. Ibarra, have signed a memorandum of understanding (MOU) to explore renewable energy generation, energy storage systems, and e-mobility solutions for New Clark City and other BCDA properties.

Under the partnership, BCDA will provide site access, project information, and administrative support, while StB GigaFactory will conduct technical and financial feasibility studies and develop recommendations for potential projects.

The collaboration aims to build a cleaner and more resilient energy ecosystem for future industries, leveraging New Clark City’s role as a hub for advanced technology and sustainable infrastructure.

StB GigaFactory, based in New Clark City, is the Philippines’ first manufacturer of lithium iron phosphate (LFP) battery cells and battery energy storage systems (BESS). The partnership aligns with the Marcos administration’s goals of strengthening energy security, expanding renewable energy, and advancing climate-resilient infrastructure.