MVP reigns as SPNEC’s new chief

Businessman Manuel V. Pangilinan is taking the lead at the SP New Energy Corp., after his company, MGen Renewable Energy, firmed up its P15.9 billion investment in the solar energy firm founded and established by young entrepreneur Leandro Leviste.   Source: Daily Tribune

Leviste’s RE firm grows land assets

SP New Energy Corp., along with its subsidiaries, has secured more than 4,000 hectares of land in Nueva Ecija, Bulacan, Tarlac and Batangas provinces. These lands will be utilized for the development of the company’s large-scale renewable energy projects. In a stock report on Wednesday, SPNEC said over 3,000 hectares of the assets were secured […]

SPNEC slates 3,500-MW N. Ecija solar expansion

SP New Energy Corporation, or SPNEC, will start the construction of its over 3500-megawatt or MW solar expansion in Nueva Ecija within the year. In an interview with reporters on Thursday, Solar Philippines founder Leandro Leviste said SPNEC will fully control the project — planned to be one of the world’s largest solar power plants. […]

SPNEC starts after initial asset buyout

SPNEC has acquired shares in Solar Philippines Tarlac Corp. and Solar Philippines Rooftop Corp., with a consolidated capacity of over 100 MW of operational solar power plants, plus one other under construction with over 50 MW. Source: Daily Tribune