SP NEW Energy Corp. (SPNEC) said it seeks to initially start commercial operations of its solar power project in Sta. Rosa, Nueva Ecija in northern Philippines by generating 50 megawatts (MW) of capacity by the fourth quarter (Q4) of 2025.
“Subject to the resolution on the right-of-way issues and completion of the line connecting the plant to the transmission grid, Phase 1A is expected to achieve commercial operations sometime Q4 of 2025,” the company told Philippine Stock Exchange (PSE) on Thursday.
SPNEC is developing a two-phase 500-MW Sta. Rosa Nueva Ecija 2 Solar Power project (NE 2), the first phase of which will have a capacity of 225 MW. It has sub-phases of Phase 1A at 50 MW and Phase 1B at 175 MW.
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