Solar Philippines Nueva Ecija Corporation

Solar Philippines Neva Ecija Corporation (SPNEC) has planned to start construction later this year on its 3.5GW solar farm in the Philippines.

Solar Philippines Nueva Ecija Corporation (SPNEC) is planning to add a 3.5GW solar farm to its 500MW system already under construction on the Northern Filipino region of Luzon, which the company claims would make it the largest PV project in the world.

Project developer Solar Philippines has submitted offers to contract output from 10GW of PV plants currently under development.

Solar Philippines Nueva Ecija Corporation (SPNEC) is looking to raise capital from a stock rights offering (SRO) and private placements with institutional investors to support the development of 10GW of solar PV.