Amid an anticipated completion in three years, Solar Philippines is already offering to contract its developing 10-gigawatt solar farm projects among potential off-takers.

Per The Philippine Star, Solar Philippines Nueva Ecija Corporation claims that its offers are currently awaiting the approval of both off-takers as well as regulators.

Expected to be completed by 2025, SPNEC aims to fix the country’s probable energy shortage.

According to government data, the country’s grid-connected solar capacity is rated at 1,127.3 megawatts (MW) as of December 2021, which will only be significantly increased once Solar Philippines’ solar farms become operational.

If green lighted, the projects in question will see a potential generation of nine terawatt-hours (TWh) per year of chartered energy.

Truly a gamechanger in the Philippine landscape, the development of one of its projects is also shaping up to be world-class for being the largest there is, to date—the Terra Solar Philippines Inc., which is backed by Philippine billionaire Enrique Razon via a joint venture with his company, Prime Infrastructure Holdings Inc.



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