01/01/2022
This is a great project happening not far from Clark.
‘BIGGEST SOLAR PROJECT IN SOUTHEAST ASIA’ 🇵🇭
LOOK: SPNEC starts construction of ‘biggest solar project in Southeast Asia’
Newly-listed Solar Philippines Nueva Ecija Corporation (SPNEC) over the weekend said it has started the construction of what it envisions to be the biggest solar project in the Southeast Asian region.
According to SPNEC, the project will have a full capacity of 500 megawatts (MW), located in the firm’s property in Peñaranda, Nueva Ecija, which it has been developing in the last five years.
Funded by proceeds from its P2.7-billion initial public offering, the first 50 megawatts are targeted to start delivering power to the grid by the end of 2022, driving profitability for the firm.
SPNEC listed on the Philippine Stock Exchange earlier this month, becoming the first pure-play solar company to make its public debut so far in the country.
READ MORE : https://bit.ly/3sHjApY
📷 : SPNEC