Solar Philippines unit secures over 2000-hectare landbank

This is in pursuit of its goal to be the ‘world’s largest solar farm.’

Solar Philippines unit SP New Energy Corporation (SPNEC) reported it has exceeded 2,000 hectares of landbank for its plan to be the “world’s largest solar farm.”

“We expect the updated tally to be reflected in our next quarterly report, from which our public shareholders should have a better appreciation of the assets in SPNEC,” Solar Philippines founder Leandro Leviste said.

“Since our Stocks Rights Offering, we have prioritized the execution of the project that we see has the highest value. After we perfect the documentation for these hundreds of parcels and then conversion, this land would be ready for a solar project. Our focus now is to realize the value from this, and we will provide further updates at the appropriate time.”

SPNEC noted that the planned 2,000-hectare solar farm could exceed the 2.2GW capacity of India’s Bhadla Solar Farm.

It could also go over the capacity of the Philippines’ grid-connected solar, as of August 2022.

Follow the link for more news on

Solar Philippines

Philippines solar market

Also Read

AMPIN Energy Transition achieves financial closure for 200MWp Rajasthan project

India’s solar scheme installs 385,000 units in first six months

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit