Nueva Ecija Solar Farm | |
---|---|
| |
Country | Philippines |
Location | Peñaranda, Nueva Ecija |
Coordinates | 15°24′52.90″N 121°1′24.82″E / 15.4146944°N 121.0235611°E |
Status | Under Construction |
Construction began | December 2021 |
Owner(s) | SP New Energy Corporation |
Solar farm | |
Type | Flat-panel PV |
Power generation | |
Nameplate capacity | 225 MW |
The Nueva Ecija Solar Farm [1] is a 500 MW solar power plant currently under construction [2] in Peñaranda, Nueva Ecija to be developed by Solar Philippines. When completed it will be the largest solar power facility in the Philippines by capacity. [3] [4] [5]
The project for the Nueva Ecija solar farm was first conceptualized in 2016. It would be built in phases with the first phase to produce 225 MW. [4] Construction is planned for late-2021. [6]
The facility will be operated under Solar Philippines' subsidiary SP New Energy Corporation (SPNEC). [4]
SPNEC's Manuel Pangilinan announced on March, 2024 plans to sell 40% of the equity in Terra Solar Philippines Inc. to get more investors to build a P200-billion cache. "The investment [for the project] would be at Terra Solar, which is 100 percent owned by SPNEC. Most likely, foreign investors will come in for an up to 40-percent equity stake at the Terra Solar level," Pangilinan said. [7] [8]
Nueva Ecija Solar Farm | |
---|---|
| |
Country | Philippines |
Location | Peñaranda, Nueva Ecija |
Coordinates | 15°24′52.90″N 121°1′24.82″E / 15.4146944°N 121.0235611°E |
Status | Under Construction |
Construction began | December 2021 |
Owner(s) | SP New Energy Corporation |
Solar farm | |
Type | Flat-panel PV |
Power generation | |
Nameplate capacity | 225 MW |
The Nueva Ecija Solar Farm [1] is a 500 MW solar power plant currently under construction [2] in Peñaranda, Nueva Ecija to be developed by Solar Philippines. When completed it will be the largest solar power facility in the Philippines by capacity. [3] [4] [5]
The project for the Nueva Ecija solar farm was first conceptualized in 2016. It would be built in phases with the first phase to produce 225 MW. [4] Construction is planned for late-2021. [6]
The facility will be operated under Solar Philippines' subsidiary SP New Energy Corporation (SPNEC). [4]
SPNEC's Manuel Pangilinan announced on March, 2024 plans to sell 40% of the equity in Terra Solar Philippines Inc. to get more investors to build a P200-billion cache. "The investment [for the project] would be at Terra Solar, which is 100 percent owned by SPNEC. Most likely, foreign investors will come in for an up to 40-percent equity stake at the Terra Solar level," Pangilinan said. [7] [8]