Newly listed Solar Philippines begins construction of Nueva Ecija plant | ABS-CBN

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Newly listed Solar Philippines begins construction of Nueva Ecija plant

Newly listed Solar Philippines begins construction of Nueva Ecija plant

ABS-CBN News

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Solar Ranch or Southeast Asia’s largest solar project will soon rise on a former ranchland developed by Solar Philippines Nueva Ecija Corporation. Handout
Solar Ranch or Southeast Asia’s largest solar project will soon rise on a former ranchland developed by Solar Philippines Nueva Ecija Corporation. Handout

MANILA - Solar Philippines Nueva Ecija Corp (SPNEC) has started the construction of the first phase of what could be the largest solar project in Southeast Asia.

The proceeds of its P2.7 billion IPO will be used to construct the first 50 MW and the interconnection facilities for the full 500 MW project as well as to acquire the land for further expansion, the company told the stock exchange on Monday.

SPNEC said the first 50 MW is expected to begin contributing power to the grid by the end of 2022.

The project, to be installed in Peñaranda, a 4th class municipality in Nueva Ecija, is expected to create over 5,000 jobs during construction and over 500 jobs once operational, the company said.

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"The company is investing in training locals in solar panel installation, given the expected scale of projects in this area over the coming years," the statement said.

SPNEC said the Department of Energy envisions to source 35 percent of the country's energy from renewable sources by 2030, which means there is a need to build over 20,000 MW of solar power.

As of December 2020, the country has a total operating solar capacity of 1,021 MW.

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Paano iwasang ma-fall sa mga online 'love scam'?

Paano iwasang ma-fall sa mga online 'love scam'?

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MAYNILA — Sa panahon ng digital dating, hindi lang puso ang maaaring masaktan—pati bulsa, posibleng maubos.

Patuloy ang babala ng mga awtoridad sa publiko na maging maingat sa pakikipagkilala at pakikipag-usap sa mga taong hindi kakilala online lalo na ang magpadala ng pera sa mga ito.

Nagagamit ang social media platforms at dating apps para makapanghikayat ng mga biktima ng mga love scam. Kadalasang nagpapanggap na mga dayuhang propesyunal o sundalo para makapanloko online, at madalas ring senior citizens ang nabubudol ng online scammers. 

Noong Pebrero 4, isang grupo ng online scammers ang naaresto sa isang gusali sa Makati City matapos silang mahuling nanloloko ng mga biktima sa pamamagitan ng matatamis na salita ng romansa at pag-ibig. 

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– Ulat nina Jessie Cruzat at Karen De Guzman, Patrol ng Pilipino

Video produced with Gercy Babilonia

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