January 13, 2024

SPNEC to finish P200 billion solar project by 2027

By Richmond Mercurio – January 13, 2024 | 12:00am from The Philippine Star This is a picture of solar panels. MANILA, Philippines — SP New Energy Corp. (SPNEC) is eyeing to fully complete the world’s largest solar project by 2027. […]
January 2, 2024

SPNEC breaks ground on world’s biggest solar project in Nueva Ecija

By Alena Mae S. Flores – January 1, 2024, 8:20 pm from manilastandard.net SP NEW Energy Corp. (SPNEC) said Monday it broke ground on the “world’s largest solar project” in Central Luzon. SPNEC said in a statement its 100-percent owned […]
December 2, 2023

Meralco unit pays P7b to acquire stake in solar power firm SPNEC

By Jenniffer B. Austria – December 1, 2023, 9:40 pm from manilastandard.net Manila Electric Co. through its unit MGen Renewable Energy Inc. (Mgreen) made an initial payment of P7 billion as part of its plan to acquire a majority stake […]
November 8, 2023

Meralco expects to complete purchase of SPNEC’s majority stake this year

By Alena Mae S. Flores – November 7, 2023, 8:12 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) expects to complete the acquisition of a majority stake in SP New Energy Corp. (SPNEC) by yearend, a top executive said […]