SOLAR Philippines Nueva Ecija Corp. (SPNEC) allocated proceeds from its various capital raises to complete securing at least 2,500 hectares in the provinces of Nueva Ecija and Bulacan for a planned 3.5-gigawatt (GW) solar farm, as it aims to be the world's largest solar farm.

This would mark SPNEC's expansion of operations in the same area of the land secured for its 500-megawatt (MW) solar project, for which the first 50 MW and the transmission for the full 500 MW are under construction.

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