SP NEW ENERGY CORPORATION

Capitalizing on a sunrise industry

LEANDRO LEVISTE was only 20 years old when he said he started investing in Tesla and Solar City, both US companies that specialized in manufacturing solar panels. He observed that when the stock price of Tesla did well, it illustrated that the market had underestimated the potential for solar energy. Inspired by this, he believed that he could bring this energy solution to the Philippines, where the electricity rates were …

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*VIDEO FOR VISUALIZATION PURPOSES ONLY

SOLAR PHILIPPINES

NUEVA ECIJA CORPORATION

June 28, 2022

Solar PH vows to meet supply commitments under GEAP

Solar Philippines said Tuesday it is working to deliver its commitments under the Green Energy Auction Program and other power supply agreements that will support its 10 gigawatts of projects under development. It issued the statement after the Department of Energy released the results of the GEAP, showing that Solar Philippines won 70 percent of […]
June 27, 2022

Solar PHL bags most of RE capacity in energy auction

SOLAR Philippines has bagged most of the renewable energy (RE) contracts to develop 2,000-megawatt (MW) capacities under the country’s first Green Energy Auction Program (GEAP). Data from the Department of Energy (DOE) website showed that Solar Philippines won 70 percent of all RE capacity in the DOE auction, or 1380MW out of 1996MW across all […]
June 27, 2022

[STOCK COMMENTARY] Solar Philippines takes 70% of the DoE’s Green Energy Auction Program capacity

This wasn’t what SPNEC was originally created to do, but it is what SPNEC has been reconfigured to do, and thankfully for investors, SPNEC does it well. Leandro Leviste, the owner of SP and SPNEC, has been consistent since the advent of the new plan to acquire these projects from SP that SPNEC’s main super-power […]
June 17, 2022

Nueva Ecija Solar Farm: Coming Soon

Nueva Ecija Solar Farm: Coming Soon   Construction is in full swing for the soon-to-be largest solar farm in Southeast Asia. Stay tuned for more updates on the progress onsite from the team of Solar Philippines. Full Video: Watch it on Facebook https://spnec.ph/wp-content/uploads/2022/06/Solar_Philippines_WIP-5.mp4
March 8, 2022

Share swap, capital hike approved by SPNEC shareholders

Shareholders of Solar Philippines Nueva Ecija Corp. (SPNEC) approved yesterday the increase in the company’s authorized capital stock to 50 billion shares from 10 billion shares, as well as the related share swap. SPNEC’s share swap involves the issuance of 24.37 billion shares at P2.50 per share in exchange for shares of Solar Philippines in […]
March 8, 2022

SPNEC shareholders approve P60-B stock swap

Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project Holdings Inc. In a disclosure to the Philippine Stock Exchange, the firm said it will raise its authorized capital to P50 billion from P10 billion and the new […]

SPNEC Annual Stockholders Meeting 2022 (August 30, 2022)

*FOR VISUALIZATION PURPOSES ONLY